Scientific Games (SGMS) Ticks Higher, Gets WMS (WMS) for Favorable Valuation
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Sidoti Downgrades WMS Industries (WMS) to Neutral
January 31, 2013 2:42 PM ESTSidoti downgraded WMS Industries (NYSE: WMS) from Buy to Neutral after today's takeover deal.
For an analyst ratings summary and ratings history on WMS Industries click here. For more ratings news on WMS Industries click here.
Shares of WMS Industries closed at $16.37 yesterday, with a 52 week range of $13.90-$25.30.... More
UPDATE: Scientific Games (SGMS) Peers on Watch Following WMS (WMS) Deal (BYI) (IGT)
January 31, 2013 7:31 AM EST(Updated - January 31, 2013 8:03 AM EST)
Scientific Games Corp (NASDAQ: SGMS) peers are on watch following the $26 per share takeover of WMS (NYSE: WMS).
Traders are keeping an eye in Int'l Game Tech (NYSE:... More
Scientific Games (SGMS) to Acquire WMS Industries (WMS) for $1.5B
January 31, 2013 7:26 AM ESTScientific Games Corporation (Nasdaq: SGMS) and WMS Industries Inc. (NYSE: WMS) today announced that the companies have entered into a definitive agreement under which Scientific Games has agreed to acquire WMS for $26.00 in cash per common share or approximately $1.5 billion.
The transaction, which was unanimously approved by both the Scientific Games and WMS Boards of Directors, combines two leading companies in the gaming industry to create an organization that will supply an extensive range of products and services to public and private sector lottery and... More
