GTech to Acquire IGT?

GTech to Acquire IGT? Rumors have been swirling around the possibility of GTech acquiring International Game Technology (IGT); however neither company has commented.

IGT placed itself on the market as of June 9th and reportedly has already piqued the interest of Ron Perelman's MacAndrews & Forbes Holdings, Apollo Global Management LLC and Carlyle Group LP.

International Game traded recently at $15.64 and has been given a market value of approximately $3.9 billion.
  • Not sure if this means better. It's better to have more gaming companies so there can be competition between them.
  • i notice that alot of companies are being acquired buy other gaming companies lately... why is that? im not complaining coz that can only mean better slot games

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