Bally Technologies (BYI) agrees to buy SHFL Entertainment (SHFL) for $23.35 per share in cash,...

|About: Bally Technologies, Inc. (BYI)|By:, SA News Editor

Bally Technologies (BYI) agrees to buy SHFL Entertainment (SHFL) for $23.35 per share in cash, or about $1.3B. Consolidation is slots? There's more to SHFL than that, wrote SA's Shaun Currie in a bullish piece just a few days ago. The offer is a 24% premium to last night's closing price. (PR)