Shareholders to vote Feb. 10 on GTECH-IGT merger

5 January 2015

LAS VEGAS -- Shareholders of slot machine developer IGT - International Game Technology will vote Feb. 10 on the company’s $6.4 billion merger agreement with lottery provider GTECH Holdings.

IGT agreed last summer to be acquired by Italy-based GTECH for $4.7 billion in cash and stock, and assumption of $1.7 billion of the Nevada-based slot maker’s debt.

Under terms of the agreement, IGT and GTECH will combine under a newly formed holding company with corporate headquarters in the United Kingdom. The company will maintain operating headquarters in Las Vegas; Providence, R.I.; and Rome.

The vote will be held at The Signature at MGM Grand Las Vegas.

The deal still requires approval of Nevada gaming regulators.

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IGT - International Game Technology

International Game Technology

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