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Apollo has a strong observe record of profitable present and former investments across leisure, together with within the gaming and leisure sectors. Under the phrases of the new agreements, Everi stockholders will receive $14.25 per share in money, representing a 56% premium over Everi’s closing share price on July 25, 2024. IGT will obtain $4.05 billion of gross cash proceeds for IGT Gaming. IGT expects significant parts of the money proceeds to be used to repay debt and to be returned to shareholders.

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