Scientific Games Shares Are Up 11% Following Withdrawal to Acquire the Remaining 19% of SciPlay
<p><a href='https://financialmodelingprep.com/financial-summary/SGMS'>Scientific Games Corporation (NASDAQ:SGMS) </a>shares were trading more than 11% higher Thursday afternoon following the company’s announcement, according to which it withdraws its proposal to acquire the remaining 19% equity interest in SciPlay. The offer to acquire the outstanding 19% equity interest was proposed in July 2021 for 0.25 shares of Scientific Games Corporation per share of SciPlay. Scientific Games Corporation currently owns around 81% of outstanding shares and around 98% of voting rights of SciPlay. </p>
NASDAQ:SGMS