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PlayAGS Stockholders Approve Acquisition By Brightstar Capital Partners
PlayAGSPlayAGS(US:AGS) Newsfilterยท2024-08-06 20:15

Core Viewpoint - AGS stockholders have approved the acquisition of the company by affiliates of Brightstar Capital Partners, with the transaction expected to close in the second half of 2025, subject to regulatory approvals [1] Group 1: Company Overview - AGS is a global supplier of high-performing slot, table, and interactive products for the gaming industry, focusing on creating diverse gaming experiences [2] - The company has a customer-centric culture and has achieved significant growth, positioning itself as a leading commercial gaming supplier [2] Group 2: Acquisition Details - The acquisition was approved during a special meeting of AGS stockholders held on August 6, 2024 [1] - Following the completion of the acquisition, AGS will become a privately held company, and its shares will no longer be publicly traded [1] - The final voting results will be reported in a Form 8-K filed with the U.S. Securities and Exchange Commission [1] Group 3: Brightstar Capital Partners - Brightstar Capital Partners is a middle market private equity firm that focuses on investing in industrial, manufacturing, and services businesses [3] - The firm employs an operationally intensive approach to drive significant value in the companies it invests in [3]