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Non-Tech : ANCHOR GAMING (SLOT): Will it bounce? -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Norman who wrote (430)3/10/1999 10:20:00 AM
From: Platter  Respond to of 508
 
From Briefing.com..Anchor Gaming (SLOT): diversified gaming company to acquire Powerhouse Technologies Inc. (PWRH 14 13/16) for approximately $280 mln in cash or $19.50 per share; the total transaction value includes $60 mln of net debt; acquisition allows Anchor with an entry into the on-line lottery device and systems business; company also announces that it seeks to change its name from Anchor Gaming to Anchor Technologies