Allied esports entertainment, inc. receives proposal from bally's corporation

Irvine, calf.--(business wire)--allied esports entertainment, inc. (nasdaq: aese) (the “company”), a global esports entertainment company, confirmed that it received an unsolicited proposal from bally's corporation (“bally's”) to acquire all of the outstanding equity interests of the company for a total consideration of $100 million, payable, at the company's option, in cash, bally's capital stock, or a combination of both. the bally's proposal would require the company to terminate its previou
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