|[August 06, 2014]
BALLY TECHNOLOGIES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
WILMINGTON, Del. --(Business Wire)--
Rigrodsky & Long, P.A.:
Do you own shares of Bally Technologies (News - Alert), Inc. (NYSE: BYI)?
Did you purchase any of your shares prior to August 1, 2014?
Do you think the proposed buyout price is too low?
Do you want to discuss your rights?
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Bally Technologies, Inc.
("Bally" or the "Company") (NYSE: BYI)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company's entry into an agreement to be acquired by
Scientific Games Corporation ("Scientific Games") (NASDAQ GS: SGMS),
in a transaction valued at approximately $5.1 billion.
Click here to learn more: http://www.rigrodskylong.com/investigations/bally-technologies-inc-byi.
Under the terms of the agreement, public shareholders of Bally would
receive $83.30 in cash for each share of Bally they own.
The investigation concerns whether Bally's board of directors failed to
adequately shop the Company and obtain the best possible value for
Bally's shareholders before entering into an agreement with Scientific
Games. According to Yahoo! Finance, at least one analyst has issued a
price target for Bally stock at $90.00 per share.
If you own the common stock of Bally and purchased your shares before
August 1, 2014, if you have information or would like to learn more
about these claims, or if you wish to discuss these matters or have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Seth D. Rigrodsky or Gina M.
Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120,
Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to firstname.lastname@example.org,
or at: http://www.rigrodskylong.com/investigations/bally-technologies-inc-byi.
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
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