SciPlay forms ‘special committee’ to evaluate acquisition proposal from Light & Wonder

The valuation of the proposed transaction stands at $422m. SciPlay has announced that its Board of Directors has created a ‘special committee’ of independent directors to assess the proposal from Light & Wonder to buy its remaining shares (17% of the company). Members of the committee are Michael Marchetti and William Thompson, with Gerald Cohen and April Henry co-chairing the committee. Currently, Light and Wonder owns 83% of t...