The casino-entertainment company Bally's Corp. (BALY), Tuesday announced the formation of an independent committee to evaluate Standard General's proposal to acquire outstanding shares of the company at $15 per share in cash.
The company further stated that there is no assurance that the proposal would be accepted.
Currently, Bally's stock is $14.39, up 5.06 percent on the New York Stock Exchange on a volume of 759,654.
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August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.