Bally’s stockholders approve merger with Standard General affiliate
Bally’s said stockholders approved its merger agreement with The Queen Casino & Entertainment, a company majority-owned by Standard General, at a special meeting on 19 November. Standard General will acquire outstanding shares for $18.25 each, with closing anticipated in the first half of 2025, subject to regulatory approvals and other conditions.
The approval advances a proposed acquisition while regulatory approvals and other closing conditions remain outstanding.