Bally Won't Have To Slim Down To Seal $1.3B Gambling Deal

Law360, New York (August 27, 2013, 7:01 PM ET) -- Las Vegas-based gambling technology company Bally Technologies Inc. will be able to move forward with a $1.3 billion purchase of its competitor SHFL Entertainment Inc. intact after clearing the antitrust waiting period for the deal without a word from the Federal Trade Commission or the Department of Justice, the company said Tuesday.

Bally announced in a press release that the applicable waiting period under the Hart-Scott-Rodino Antitrust Act of 1976 in relation to its acquisition of SHFL expired just before midnight EDT on Monday, with no...
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