Bally Gaming shareholders approve Alliance merger.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Nev.--(BUSINESS WIRE)--April 2, 1996--Bally Gaming International Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BGII BGII Baldur's Gate II: Shadows of Amn (computer game) ) announced today that its shareholders approved the pending merger with Alliance Gaming Corp. (NASDAQ: ALLY) and related issues at Bally Gaming's annual meeting in Las Vegas today. At the same meeting, shareholders also re-elected the Bally Gaming Board of Directors. The closing of the Alliance merger is subject to regulatory approval, Alliance's obtaining $150 million of permanent financing Permanent financing Long-term financing using either debt or equity. permanent financing The long-term financing that supports a long-term asset. and Alliance shareholders' approval. Alliance Gaming is holding its shareholder meeting today in Las Vegas to vote on the proposed transaction and related issues. Bally Gaming International Inc., through its subsidiaries, is a world leader in the manufacture of gaming and computer-tracking devices for casinos. The Company designs, manufactures and distribues its gaming and computer monitoring systems through its Gaming and Systems business units of Bally Gaming, Inc. in Las Vegas and Reno, Nevada and its Bally Wulff subsidiaries in Berlin and Hannover, Germany. CONTACT: Bally Gaming International Inc., Las Vegas Scott Schweinfurth, 702/896-7859 or Sard Verbinnen & Co., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Dan Connolly, 212/687-8080 |
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