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Walker s Bluff casino could be in jeopardy without labor agreement
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Walker s Bluff casino could be in jeopardy without labor agreement
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Bally s Corporation Announces Pricing Of Common Stock Offering
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Walker s Bluff casino could be in jeopardy without labor agreement
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Bally s Corporation To Pursue Strategic Investment In Lieu Of Tangible Equity Unit Offering; Common Stock Offering Will Proceed
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PROVIDENCE, R.I., April 15, 2021 /PRNewswire/ Bally s Corporation (NYSE: BALY) ( Bally s ) today announced that it had discontinued the offering of $250 million of its tangible equity units ( Units ) and instead is pursuing a possible private offering of equity-linked securities to a potential strategic investor who made an unsolicited offer. If consummated, Bally s anticipates this offering would provide net proceeds in an amount comparable to the Unit offering. The terms of such possible other transaction have not been finalized. There is no assurance that Bally s will consummate any such transaction or, if so, or the timing or terms currently contemplated.