Recent Media & Entertainment Acquisitions in Rhode Island
Acquisition Volume in Media & Entertainment in Rhode Island by Year
Last 5 years
Actual
Full-year estimate
-
February 7, 2025
- Buyer
- Bally's Corporation
- Target
- The Queen Casino & Entertainment Inc.
- Seller
- Standard General L.P. (majority owner via funds managed by Standard General)
- Industry
- Media & Entertainment
- Location
- Rhode Island, United States
- Type
- Buyout
Bally's Corporation completed its previously announced merger with The Queen Casino & Entertainment Inc., which is majority-owned by funds managed by Standard General L.P. Queen shareholders received a combination of stock and cash consideration under the merger agreement. The cash consideration was financed by $500 million of senior secured notes provided exclusively by funds managed by Apollo.
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