Everi shares are trading higher after it entered an agreement to be acquired by funds managed by Apollo affiliates for $14.25 per share in cash.
Portfolio Pulse from Benzinga Newsdesk
Everi shares are trading higher after it entered an agreement to be acquired by funds managed by Apollo affiliates for $14.25 per share in cash.
July 26, 2024 | 12:37 pm
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POSITIVE IMPACT
Everi shares are trading higher following the announcement of its acquisition by Apollo affiliates for $14.25 per share in cash.
The acquisition news is a significant positive catalyst for Everi's stock price, as the agreed purchase price is likely higher than the current trading price, leading to a surge in share value.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100