SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Proposed Bally's Corp. (NYSE: BALY) Shareholder Buyout and Encourages Investors to Contact the Firm

Core Viewpoint - Kaskela Law LLC has initiated an investigation into the proposed buyout of Bally's Corporation by its largest shareholder, Standard General L.P., at a price of $18.25 per share, raising concerns about potential conflicts of interest and the fairness of the buyout price compared to analysts' previous price targets exceeding $30.00 per share [1]. Group 1 - Bally's Corporation has agreed to be acquired by Standard General L.P. at a price of $18.25 per share, which will result in shareholders being cashed out and the company's shares ceasing to be publicly traded [1]. - The investigation by Kaskela Law LLC suggests that the buyout process may involve significant conflicts of interest, potentially rendering the sales process and the offered price unfair to shareholders [1]. - Prior to the buyout announcement, at least two stock analysts had set price targets for Bally's shares above $30.00, indicating a disparity between market expectations and the proposed buyout price [1].