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Mergers and Acquisitions

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SG Lottery

Brookfield Business Partners LP Bags SG Lottery for $6.05B

Ending weeks of speculation about the unit's fate, Scientific Games (NASDAQ:SGMS) said late Wednesday it is selling its SG Lottery business to Brookfield Business...

Todd Shriber October 28, 2021
DraftKings Entain

DraftKings Drops Entain Takeover Bid, Stock Soars

DraftKings (NASDAQ:DKNG) stock is soaring Tuesday after the sportsbook operator said it's walking away from takeover talks with Entain Plc (OTC:GMVHY). The news arrives...

Todd Shriber October 26, 2021
Cosmopolitan Las Vegas

Blackstone Selling Cosmopolitan Las Vegas for $5.65B in Lucrative Asset Trade

Blackstone (NYSE:BX) is selling Cosmopolitan of Las Vegas for $5.65 billion, meaning the private equity behemoth nearly tripled its investment on the Strip venue...

Todd Shriber September 27, 2021