Everi Shareholders Approve Merger with Apollo-backed Entity

Everi Holdings Inc, a casino technology supplier, has received approval from its shareholders for a merger with the gaming and digital content business of International Game Technology Plc, backed by private equity firm Apollo Global Management Inc. The merger is expected to close in the third quarter of 2025, assuming all necessary closing conditions are met. A special meeting of Everi stockholders saw 99.88 percent of votes in favor, representing 71.48 percent of total shares. Under the agreement, stockholders will receive $14.25 per share in cash. The deal is valued at $6.3 billion on a combined basis. Michael Rumbolz, chairman of Everi, expressed satisfaction with the approval and focus on completing the transaction.