The pending sale of International Gaming Technology’s digital and gaming business and Everi Holdings to funds managed by Apollo Global Management for $6.3 billion was a hot topic during Tuesday’s earnings call.“We know investors are eager to understand the utilization of the proceeds from the sale o
The multibillion-dollar merger between gaming equipment giants International Game Technology (IGT) and Everi Holdings won’t be finalized until late next year.But the future owner, hedge fund giant Apollo Global Management, isn’t wasting time. Apollo has already made public plans to merge the operati
Apollo Global Management Inc. has been added to the S&P 500 index in the latest quarterly weighting change, joining alternative asset manager Blackstone Inc. on the world’s most-watched equity gauge. Workday Inc. has been included too.The two companies will replace Qorvo Inc. and Amentum Holding
Everi Holdings‘ stockholders have voted to approve the pending simultaneous acquisition of Everi and IGT’s Gaming & Digital business by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management.Apollo Global’s deal for Everi and IGT’s Gaming & Digital bu
Everi Holdings’ stockholders voted at a special meeting to approve the pending simultaneous acquisition of Everi and the Gaming & Digital business of International Game Technology PLC (IGT) by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management through
Gaming solutions provider Everi Holdings announced that its stockholders have voted in favor of the company’s pending acquisition by Apollo Global Management’s affiliates, which also includes the acquisition of International Game Technology's (IGT) Gaming and Digital business. The approval came duri
International Game Technology (IGT) announced a decline in Q3 revenue and a shift to net losses as the company continues its transition toward a lottery-focused business model. This marks the first quarter that IGT’s Gaming and Digital divisions have been classified as discontinued operations, follo
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