Light & wonder announces strategic acquisition of grover gaming's charitable gaming assets

Las vegas--(business wire)--light & wonder, inc. (nasdaq and asx: lnw) (together with its subsidiaries “light & wonder,” “l&w” or the “company”) today announced that it has entered into a definitive agreement to acquire the charitable gaming assets (“grover charitable gaming”) of grover gaming, inc. and g2 gaming, inc. (together, “grover gaming”) for total consideration of $850 million cash, subject to customary purchase price adjustments, and a four-year revenue based earn-out of u.
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