Market Overview

GTECH Says it is Engaged in Discussions with International Game Technology

GTECH S.p.A. (OTC: GTKYY) today announced that it is engaged in preliminary, exploratory discussions as part of a process regarding a potential transaction with International Game Technology, (NYSE: IGT). GTECH has engaged advisors to assist it in exploring this potential transaction.

IGT confirmed it is exploring strategic alternatives. IGT was trading at $16.41 in early premarket trading Monday, up from Friday's close of $15.86.

Posted-In: News M&A

 

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