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Global Cash Access Holdings (GCA)

  • Sep. 8, 2014, 7:20 AM
    • Global Cash Access (NYSE:GCA) announces it will purchase Multimedia Games (NASDAQ:MGAM) in a deal valued at $1.2B.
    • The offer price of $36.50 per share is a 31% premium over MGAM's closing price on Friday.
    • The companies anticipate merger synergies of $30M after the combination.
    • MGAM +29.6% premarket to $36.00.
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Company Description
Global Cash Access Holdings Inc providesintegrated gaming payments solutions, video & mechanical reel gaming content & technology solutions, as well as compliance & efficiency software. Its business segments includes cash advance, ATM & check services.
Sector: Financial
Industry: Credit Services
Country: United States