Bally's Shareholder Rips Acquisition Offer, Proposes Alternate Plan
A major shareholder of Bally's wants the company to reject the buyout offer from Standard General and start a new strategic plan.
Stay updated with breaking news from Standard General. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A major shareholder of Bally's wants the company to reject the buyout offer from Standard General and start a new strategic plan.
Bally’s Hit with Another Credit Ratings Downgrade.
As the famous Tropicana in Las Vegas closes its doors Tuesday, its operator Bally's Corporation is facing its own existential battle. At stake: ownership, its…
As Bally's chairman Soo Kim tries to take the company private, a pair of influential investors say his bid should be rejected — and that a more experienced company should be brought in to build the city's long-sought casino.
An orderly casino shutdown is planned as employees and families say their last goodbyes to the luxurious Strip property that has stood for nearly 67 years.