Orange Capital Urges IGT (IGT) to Commence 'Dutch Auction' for 25% Outstanding Shares

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IGT (IGT) Board Defends Itself as Proxy Fight w/ Ader Investment Looms

February 1, 2013 9:09 AM EST

International Game Technology (NYSE: IGT) today announced that it has mailed a letter to shareholders in relation to its Annual Meeting of Shareholders to be held on March 5, 2013.

The letter reiterates the Board's unanimous recommendation that IGT shareholders vote for the eight highly-qualified incumbent directors standing for reelection at the Company's 2013 Annual Meeting on the WHITE proxy card.

The full text of the IGT Board's letter is below:

Dear Fellow IGT Shareholder:

IGT's 2013 Annual Meeting of Shareholders, scheduled for March 5th, is fast approaching. You have an... More