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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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.