{"id":160,"date":"2024-06-17T09:25:42","date_gmt":"2024-06-17T06:25:42","guid":{"rendered":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/17\/ballys-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/"},"modified":"2024-06-20T16:59:03","modified_gmt":"2024-06-20T13:59:03","slug":"ballys-corporation-announces-preliminary-results-of-dutch-auction-tender-offer","status":"publish","type":"post","link":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/17\/ballys-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/","title":{"rendered":"Ballys Corporation Announces Preliminary Results of Dutch Auction Tender Offer"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/1UK0KQV03Wc\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Ballys Incorporated has declared the preliminary outcomes of its adjusted &#8220;Dutch auction&#8221; tender bid, concluding on July 22, 2022.<\/p>\n<p>A substantial quantity of Bally&#8217;s circulating shares, almost 4.86 million, were submitted at or beneath the cost of $22.00 per share. This encompasses shares that were contingent on assured delivery protocols.<\/p>\n<p>Consequently, Bally&#8217;s projects acquiring these shares at a rate of $22.00 each, aggregating roughly $106.9 million. This sum excludes any charges or expenditures linked to the tender bid.<\/p>\n<p>These proffered shares constitute approximately 9.2% of Bally&#8217;s overall outstanding common stock. The corporation doesn&#8217;t foresee implementing any pro rata modifications, signifying their aim to receive all shares that were legitimately tendered at or below the $22.00 threshold.<\/p>\n<p>It&#8217;s noteworthy that the definitive count of shares procured could still marginally fluctuate as the initial data undergoes confirmation by the depository. An official proclamation with the conclusive figures will be issued subsequent to the guaranteed delivery period&#8217;s termination and the completion of the depository&#8217;s validation procedure. <\/p>\n<p>Ballys Corporation confirmed their legal capacity to repurchase their shares, both publicly and privately. This buyback program presents an alternative for shareholders seeking to divest, potentially mirroring, exceeding, or falling short of their previous proposition. <\/p>\n<p>Currently, the corporation has allocated $334.6 million toward this initiative as part of their capital return strategy for investors.<\/p>\n<p>To recap, in June 2022, Bally&#8217;s proposed a tender offer to acquire 19% of their outstanding stock. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ballys Incorporated has declared the preliminary outcomes of its adjusted &#8220;Dutch auction&#8221; tender bid, concluding on July 22, 2022. A substantial quantity of Bally&#8217;s circulating shares, almost 4.86 million, were submitted at or beneath the cost of $22.00 per share. This encompasses shares that were contingent on assured delivery protocols. Consequently, Bally&#8217;s projects acquiring these [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bally<\/title>\n<meta name=\"description\" content=\"Bally\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/17\/ballys-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ballys Corporation Announces Preliminary Results of Dutch Auction Tender Offer\" \/>\n<meta property=\"og:description\" content=\"Bally\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/17\/ballys-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/\" \/>\n<meta property=\"og:site_name\" content=\"Experience Top-Notch Online Casino Gaming | Licensed &amp; Secure\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-17T06:25:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T13:59:03+00:00\" \/>\n<meta name=\"author\" content=\"Benjamin &quot;Blaze&quot; Lewis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Benjamin &quot;Blaze&quot; Lewis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/17\/ballys-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/\",\"url\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/17\/ballys-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/\",\"name\":\"Bally\",\"isPartOf\":{\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-17T06:25:42+00:00\",\"dateModified\":\"2024-06-20T13:59:03+00:00\",\"author\":{\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/#\/schema\/person\/d4b4f5f39e8097927af8201caaaadf6d\"},\"description\":\"Bally\",\"breadcrumb\":{\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/17\/ballys-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/17\/ballys-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/17\/ballys-corporation-announces-preliminary-results-of-dutch-auction-tender-offer\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ballys Corporation Announces Preliminary Results of Dutch Auction Tender Offer\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/lionslotsnodepositbonuscodes.icu\/\",\"name\":\"Experience Top-Notch Online Casino Gaming | Licensed &amp; Secure\",\"description\":\"Dive into the thrilling world of online gambling with our fresh casino news, detailed game reviews, and informative articles. 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