It includes a one-to-one stock swap worth $1.1 billion with IGT assuming $430 million in Anchor debt minus the value of assets.
The companies put the value of the deal at $1.36 billion. The deal was announced late Sunday night. ”No other company offers the depth of talent that IGT and Anchor Gaming will have together, from the executive level to design and manufacturing,” Anchor chairman and chief executive T.J.