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ROME, Nov 4- Shareholders in GTECH on Tuesday approved the Italian lottery group's takeover of U.S. slot-machine maker International Game Technology, a tie-up aimed at creating a global gaming company to be listed on Wall Street. The new entity will have more than $6 billion in pro-forma revenues, GTECH said in July when it announced the $4.7 billion acquisition...
TORONTO, Oct 20- Amaya Gaming Group Inc, which has pivoted to focus on the fast-growing online gambling market, said on Monday it is exploring a sale of its Cadillac Jack subsidiary that makes slot machines and electronic bingo games for casinos. Amaya said its strategic review process will consider varied alternatives for the Cadillac Jack business with the...
Slot machine maker Scientific Games Corp will buy larger rival Bally Technologies Inc in a $3.27 billion deal, the latest in a consolidating U.S. gaming industry. The deal, which was put together in just over three weeks, will strengthen Scientific Games' casino management systems and table gaming products as well as help it expand in Australasia.
*New company will list on NYSE, delist from Milan. MILAN, July 16- Italy's GTECH will buy U.S. slot machine maker International Game Technology for $4.7 billion, shifting the lottery operator away from its struggling domestic market and making it a major player in the casino business.
*Intel climbs on earnings, outlook. *Time Warner rebuffs $80 bln bid from 21st Century Fox. Time Warner shares jumped 18.1 percent to $83.87 as the biggest boost to the S&P 500 after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.
Time Warner shares jumped 15.3 percent to $81.86 before the bell as Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down. *A partnership struck between IBM and Apple Inc will serve to boost indexes. IBM shares gained 1.8 percent to $191.85 and Apple advanced 2.1 percent to $97.35 in premarket.
*Intel climbs in premarket on earnings, outlook. *Time Warner rebuffs $80 bln bid from 21st Century Fox. *IBM will partner exclusively with Apple Inc to sell iPhones and iPads loaded with applications geared at enterprise clients this fall, the companies announced late Tuesday.
MILAN- July 16- Italy's GTECH will buy U.S. slot machine maker International Game Technology for $6.4 billion including debt, shifting the lottery operator's centre of gravity away from its struggling domestic market.
Italy's GTECH SpA will buy International Game Technology in a cash-and-stock deal valued at $6.4 billion, the companies said in a statement.
July 16- Italian lottery operator GTECH SpA said it will buy Las Vegas- based slot machine maker International Game Technology for $4.7 billion in cash and stock to increase its scale and offerings in the global gaming market. The company has received binding commitments of $10.7 billion from Credit Suisse, Barclays and Citigroup to finance the deal.
July 16- Italy's GTECH SpA will buy International Game Technology in a cash-and-stock deal valued at $6.4 billion, including net debt, the companies said on Wednesday. GTECH will pay $4.7 billion in cash and stock and the assumption of $1.7 billion in net debt, the companies said in a statement.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Legendary value investor Mario Gabelli shares three of his top picks for the second half of 2014.
If Bob Olstein is right, the climate for takeovers is just beginning to heat up.
*Slot-machine maker has a market value of nearly $4 bln. MILAN, June 16- Italian lottery operator GTECH is in preliminary talks to buy Las Vegas- based International Game Technology in a cash and shares deal that would make it a significant player in the casino slot machine business.
Some of the names on the move ahead of the open.
MILAN, June 16- Italian lottery operator GTECH said on Monday it was in preliminary talks to buy Las Vegas- based slot machine maker International Game Technology in a deal that could involve a cash and paper offer.
International Game Technology decided to seek a buyer after company stock plummeted.
*Apple attracts heavy trading following stock split. *International Game Technology shares fly after Reuters report. NEW YORK, June 9- The Dow and S&P 500 ended at record highs again on Monday as more deal news raised enthusiasm for stocks, though Wall Street's fear gauge advanced.
NEW YORK, June 9- International Game Technology, the Las Vegas- based slot machine maker, has hired Morgan Stanley to explore a sale as the gaming industry pursues consolidation to combat slow growth, people familiar with the matter said on Monday.