With offers dating back to at least 2022, Bally’s has finally agreed to a deal with Standard General.
Bally’s Corporation has entered into a definitive merger agreement with Standard General L.P.
Standard General has made several attempts to acquire the company in the past, with the first bid in 2022 at $38 per share, then again earlier this year at $15 per share.
This lower offer was criticised by Bally’s investor K&F Gr...