The merger is expected to be completed by the end of the year
WMS shareholders to vote on Scientific Games deal
2013-03-19
Reading time 33 seg
(US).- WMS is to hold a special stockholder meeting on May 10 to vote on the adoption of the merger agreement with Scientific Games. The two companies signed a deal in January under which Scientific Games agreed to acquire WMS for approximately us$ 1.5 billion. The transaction was unanimously approved by both of the companies’ boards.
The special meeting of stockholders will be held at the Waldorf-Astoria Hotel in Chicago, Illinois. WMS stockholders as at the close of business on April 8, 2013, will be entitled to notice of and to vote at the meeting.
The merger, which is expected to be completed by the end of 2013, is subject to the approval of a majority of the outstanding shares of WMS’ common stock and the receipt of required gaming approvals, in addition to other customary closing conditions.
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