![]() He said because the companies have been working together, he does not foresee antitrust objections. ![]() It is expected to be completed in the first quarter of 2002.īaker said Monday that the companies operate in more than 300 places around the world, and need time to gain approval in each. It needs approval from regulators and from Anchor and IGT stockholders. It includes a one-to-one stock swap worth $1.1 billion with IGT assuming $430 million in Anchor debt minus the value of assets. The companies put the value of the deal at $1.36 billion. The deal was announced late Sunday night. ”No other company offers the depth of talent that IGT and Anchor Gaming will have together, from the executive level to design and manufacturing,” Anchor chairman and chief executive T.J.
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