Who could be buying IGT ???
June 9th, 2014 at 1:18:16 PM
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What have you heard on the Street?
International Game Technology IGT -0.25% shares surged as much a 14% Monday on a report the company is considering putting itself up for sale. According to Reuters, citing people familiar with the matter, the slot-machine maker has hired Morgan Stanley MS +0.34% to explore a possible sale. They said the Las Vegas, Nev.-based company has been preparing to sell itself for at least two months, and has already drawn the interest of other gambling systems companies. Despite today's rally, IGT shares are still down 21% so far this year
International Game Technology IGT -0.25% shares surged as much a 14% Monday on a report the company is considering putting itself up for sale. According to Reuters, citing people familiar with the matter, the slot-machine maker has hired Morgan Stanley MS +0.34% to explore a possible sale. They said the Las Vegas, Nev.-based company has been preparing to sell itself for at least two months, and has already drawn the interest of other gambling systems companies. Despite today's rally, IGT shares are still down 21% so far this year
June 9th, 2014 at 1:34:20 PM
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Probably a good idea.
The gaming equipment market is slowly trailing off and is more competitive now than ever before. i can see them selling off the old business units that make slot machines and focus on the new interactive games. I think Patti has had this idea for a while now.
The gaming equipment market is slowly trailing off and is more competitive now than ever before. i can see them selling off the old business units that make slot machines and focus on the new interactive games. I think Patti has had this idea for a while now.
At my age, a "Life In Prison" sentence is not much of a deterrent.
