APOLLO FUNDS
EVERI STOCKHOLDERS APPROVE ACQUISITION BY APOLLO FUNDS
Everi Holdings Inc., a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions, and bingo, announced that its stockholders have voted at a special meeting of Everi stockholders to approve the pending simultaneous acquisition of Everi and the Gaming & Digital business of International Game Technology PLC by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management, Inc. through a merger. As previously announced, pursuant to the terms of the merger agreement, Everi stockholders will receive $14.25 per share in cash for every share of Everi common stock they own immediately prior to the effective time of the merger.
At the Special Meeting, approximately 99.88% of the shares voted were voted in favor of the merger, which represented approximately 71.48% of the total outstanding shares of Everi common stock as of October 3, 2024, the record date for the Special Meeting.
“We are pleased that our stockholders supported our transaction with the Apollo Funds,” said Michael Rumbolz, chairman of the Company’s Board of Directors. “We now shift our focus to the important next steps toward completing the transaction and maximizing value for Everi stockholders.”
Assuming timely satisfaction of necessary closing conditions, the proposed transaction is expected to close by the end of the third quarter of 2025.
The final voting results on the proposals voted on at the Special Meeting will be set forth in a Form 8-K filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”).
-
Brazil5 days ago
Push Gaming makes market entry with several operators in Brazil
-
Compliance Updates5 days ago
EGT Digital received a licence for operation in Sweden
-
Brazil5 days ago
Gaming Corps makes debut in regulated Brazil
-
Compliance Updates5 days ago
Delasport Obtains New Denmark License
-
BF Games4 days ago
BF Games Makes Strategic Entry into Brazilian Market
-
Aviatrix5 days ago
Aviatrix’s LatAm expansion reaches Peru
-
Compliance Updates5 days ago
Altenar secures Danish B2B supplier licence
-
Canada4 days ago
Ottawa Black Bears Announce Partnership Deal with PowerPlay