Scientific games is a small company with already heavy debt load.Now they are buying much bigger company for 5 plus billion.Market is skeptical. Thats why the shares are much lower than the take-over price.
Wall Street SNAKES have a few mos to get your shares.They're working sooooo hard
Sentiment: Strong Buy
Hey , they got the funding so why so worried. Are you one of those holding shares short. You have a gift at this level with 4 mil shares short
The market cares about the overleverage and the COST of funding. I have SGMS bonds and they yield 9%. Dropped 13 points since acquisition announced!