|Bid||8.00 x 1100|
|Ask||8.79 x 1100|
|Day's Range||7.58 - 8.30|
|52 Week Range||4.21 - 10.45|
|Beta (5Y Monthly)||2.54|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 02, 2022 - Nov 07, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.00|
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Gaming equipment provider Inspired Entertainment, Inc (NASDAQ: INSE) offered $370 million to acquire slot machine maker PlayAGS, Inc (NYSE: AGS), Reuters reports. Inspired offered $10 per share in cash to acquire PlayAGS. The offer price implies a 33.2% premium on PlayAGS's August 12 closing of $7.51. PlayAGS makes gaming tables and interactive solutions for gaming houses. PlayAGS is now worth a fifth of what the market valued in 2019 as the pandemic wreaked havoc on the casino gaming industry.
Gaming equipment provider Inspired Entertainment has made a $370 million offer to acquire slot machine maker PlayAGS Inc, people familiar with the matter said on Friday. Inspired has offered $10 per share in cash to acquire PlayAGS, the sources said. Inspired Entertainment declined to comment.