Bally's forms special committee to evaluate preliminary, non-binding acquisition proposal by standard general

Providence, r.i., feb. 3, 2022 /prnewswire/ -- the board of directors of bally's corporation (nyse: baly) today announced that it has formed a special committee of independent and disinterested directors that is authorized, among other things, to evaluate the preliminary, non-binding proposal, dated january 25, 2022, by standard general to acquire all of the outstanding shares of bally's that it does not already own for $38.00 in cash per share, as well as any potential strategic alternatives to the proposal.
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