|[July 16, 2014]
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of International Game Technology Stockholders
NEW YORK --(Business Wire)--
Kirby McInerney LLP is investigating potential claims against
International Game Technology (News - Alert) ("IGT" or the "Company") (NYSE:IGT)
concerning the proposed acquisition of the Company by GTECH S.p.A.
("GTECH"). Under the terms of the definitive merger agreement, IGT
stockholders will receive $13.69 in cash and 0.1819 shares of NewCo
common stock for each share of IGT common stock they own, valuing the
deal at approximately $18.25 per share. The total transaction value is
approximately $6.4 billion.
The investigation concerns whether the IGT Board of Directors violated
its fiduciary duties by agreeing to the proposed transaction and whether
the proposed consideration adequately value the Company's common stock.
If you are an IGT stockholder and wish to obtain additional information,
please contact J. Brandon Walker, Esq. by email at email@example.com,
or telephone at (212) 699-1145, or Melissa Fortunato, Esq. by email at firstname.lastname@example.org,
or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling
out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in
securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to www.kmllp.com.
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