GTECH’s IGT Acquisition Complete

GTECH’s acquisition of International Game Technology PLC (IGT) is complete as of Tuesday.

The two companies will be known as International Game Technology PLC (IGT PLC) going forward. The home base will be in London with operating headquarters in Rome, Italy; Providence, Rhode Island; and Las Vegas and Nevada.

IGT PLC shares will begin trading as of April 7, 2015 on the New York Stock Exchange.
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    I've heard for some gambling companies who trade their shares at the stock exchange and now this new consortium will do that which is interesting I think. GTEH had some problems in the past and not so long ago but will see in future if that acquisition will help them to become a better company.
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    As other readers commented in the related articles preceding this one, I'm also surprised that a well known company like IGT is being bought by a lesser known entity in GTech. No wonder the latter is choosing to adopt the more popular name of its new acquisition going forward - hopefully the merged corporation will be a success for the sake of all involved.
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    It is definitely worth looking into. It is a public company. Online gaming is not new, but the online gaming market place on the New York Stock Exchange is an exciting new venture that is expanding at an exponential rate making it a very interesting prospect if you are into buying up an coming stocks. We can certainly expect to see more and more online gaming companies going public, seeking funds to create the mega companies that will one day have infinite internet power.

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