BRIEF-Light & Wonder Announces Strategic Acquisition Of Grover Gaming'S Charitable Gaming Assets-February 2024-www.financetom.com

BRIEF-Light & Wonder Announces Strategic Acquisition Of Grover Gaming'S Charitable Gaming Assets

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BRIEF-Light & Wonder Announces Strategic Acquisition Of Grover Gaming'S Charitable Gaming Assets

Feb 18, 2025 7:25 AM

Feb 18 (Reuters) - Light & Wonder Inc ( LNW ):

* LIGHT & WONDER ANNOUNCES STRATEGIC ACQUISITION OF GROVER

GAMING'S CHARITABLE GAMING ASSETS

* LIGHT & WONDER INC ( LNW ) - TO ACQUIRE GROVER GAMING ASSETS FOR

$850

MILLION

* LIGHT & WONDER INC ( LNW ) - ACQUISITION TO BE FUNDED WITH

EXISTING CASH

AND DEBT FINANCING

* LIGHT & WONDER INC ( LNW ) - REAFFIRMS 2025 $1.4 BILLION

CONSOLIDATED

AEBITDA TARGET

* LIGHT & WONDER ( LNW ): DEAL HIGHLY ACCRETIVE TO VALUE & EARNINGS

WITH

HIGH-SINGLE DIGIT ADJUSTED NPATA PER SHARE ACCRETION

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