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Star’s largest shareholder said to be backing Bally’s takeover bid with $31.5 million

Star’s largest shareholder said to be backing Bally’s takeover bid with $31.5 million

Star Entertainment Group’s largest single shareholder is backing a bid from American casino operator Bally’s Corp to take a controlling stake in the company and has pledged to tip in another AU$50 million (US$31.5 million) of his own money should the deal proceed, according to local media reports.Th

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Bally’s Shareholders Say Yes to Standard General Takeover

Bally’s Shareholders Say Yes to Standard General Takeover

Bally’s Shareholders Say Yes to Standard General TakeoverIn July, the global casino-entertainment company with a growing omnichannel presence of online sports betting and iGaming offerings, Bally’s Corporation, agreed to a $4.6 billion acquisition by the hedge fund that “pursues a single strategy of

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