Everi Holdings stockholders have approved the pending simultaneous acquisition of Everi and the Gaming & Digital business of IGT by a holding company owned by Apollo Global Management.

As previously announced, pursuant to the terms of the merger agreement, Everi stockholders will receive $14.25 per share in cash for every share of Everi common stock they own immediately prior to the effective time of the merger.

At a recent special meeting, approximately 99.88 per cent of the shares voted were voted in favour of the merger, which represented approximately 71.48 per cent of the total outstanding shares of Everi common stock as of October 3, 2024.

"We are pleased that our stockholders supported our transaction with the Apollo Funds," said Michael Rumbolz, chairman of the company's board of directors.

"We now shift our focus to the important next steps toward completing the transaction and maximising value for Everi stockholders."

Assuming timely satisfaction of necessary closing conditions, the proposed transaction is expected to close by the end of the third quarter of 2025.

https://www.intergameonline.com/casino/news/everi-stockholders-approve-apollo-acquisition

https://sbcnews.co.uk/retail/2024/11/15/everi-agrees-6-3bn-igt-package-takeover-by-apollo/