Bally Technologies Shareholder Alert - Buyout Of Bally Technologies - National Securities Law Firm Seeks Higher Price For Shareholders

NEW YORK, Aug. 1, 2014 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the acquisition of Bally Technologies, Inc. (NYSE: BYI) ("Bally" or the "Company") on behalf of its shareholders. Scientific Games Corporation and Bally announced that the companies have entered into a definitive merger agreement whereby Scientific Games has agreed to acquire all of the outstanding Bally common stock for $83.30 in cash per share.

The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Bally for not acting in Bally shareholders' best interests in connection with the sale process of Bally. The investigation seeks to determine if there was an adequate auction process and if Scientific Games is underpaying for Bally shares.  Indeed, an analyst has projected that the true going forward inherent value of the Company is worth at least $90 per share.  The investigation also seeks to determine whether there were any conflicts of interest on the part of the senior management of Bally in selling the Company.

If you are a shareholder of Bally and would like additional information as to how the acquisition may affect your rights as a shareholder, please call us at no cost at:

Tripp Levy PLLC

New York, New York

Toll free: 800-511-7037
International: 602-241-2841
Email: [email protected]
www.tripplevy.com

Tripp Levy PLLC represents individual and institutional shareholders and, along with its affiliates, has recovered billions of dollars for shareholders in similar actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. Attorney advertising. Prior results do not indicate a similar outcome.

SOURCE Tripp Levy PLLC

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