Bally's (BALY) said an additional 447,910 shares were rolled over by holders during the second election period to remain outstanding after the merger with Queen Casino & Entertainment.
A total of 17.9 million common shares and warrants to acquire 11.2 million shares will remain outstanding following the deal, Bally's said Tuesday in a statement.
The company 48.4 million shares to be outstanding immediately after completion, including 30.5 million shares issued to shareholders and warrant holders of Queen Casino.
Bally's expects to close the merger in Q1.
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