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EQUITY ALERT: The Rosen Law Firm Announces Investigation of Bally Technologies, Inc. (BYI) Concerning the Proposed Acquisition by Scientific Games Corporation (SGMS)NEW YORK --(Business Wire)-- The Rosen Law Firm, P.A. is investigating the Board of Directors of Bally Technologies (News - Alert), Inc. (NYSE:BYI) for possible breaches of fiduciary duties and other violations of law by failing to adequately shop Bally Technologies to maximize shareholder value before entering into a definitive merger agreement with Scientific Games Corporation (NASDAQ: SGMS). If you would like to join the action, please call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free, at 866-767-3653; or email at [email protected] or [email protected]. There is no cost or obligation to you. Under the terms of the roposed transaction, shareholders will receive $83.30 in cash for each share of Bally Technologies they own. The proposed transaction is valued at approximately $5.1 billion. The investigation relates to whether the proposal is fair to public shareholders and whether Bally Technologies's Board of Directors breached its fiduciary duties in connection with the proposed transaction. If you currently own Bally Technologies stock and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-323.html. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected]. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Attorney Advertising. Prior results do not guarantee a similar outcome.
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