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Article: WMS to Buy Orion Gaming for $30.5M and Las Vegas Sands Announces Mobile Gaming Partnership with Cantor Gaming.
- Article from:
- M2 Presswire
- Article date:
- May 26, 2006
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M2 PRESSWIRE-26 May 2006-US Equity News: WMS to Buy Orion Gaming for $30.5M and Las Vegas Sands Announces Mobile Gaming Partnership with Cantor Gaming(C)1994-2006 M2 COMMUNICATIONS LTD
RDATE:26052006
City of Industry, CA - Gaming industry alert provided by U.S Equity News. Slot machine maker WMS Industries Inc. (NYSE: WMS) said Wednesday it agreed to acquire Netherlands-based gaming machine maker Orion Financement Co. for roughly 24 million euro ($30.5 million). As part of the deal, which is expected to close this summer, WMS will pay $19 million in cash and stock, and $11.5 million to retire existing Orion debt. Diamond I, Inc. (OTCBB: DMOI), a ...