Bally's investor alert by the former attorney general of louisiana: kahn swick & foti, llc investigates adequacy of price and process in proposed sale of bally's corporation - baly

New orleans--(business wire)--former attorney general of louisiana charles c. foti, jr., esq. and the law firm of kahn swick & foti, llc (“ksf”) are investigating the proposed sale of bally's corporation (nyse: baly) to standard general l.p. under the terms of the proposed transaction, shareholders of bally's will receive $18.25 in cash for each share of bally's that they own. in lieu of receiving the cash consideration, bally's shareholders may elect to retain all or a portion of their bal.
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