secwatch.observer — SEC 8-K summary
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Issuer:     Everi Holdings Inc. (—)
CIK:        0001318568
Form:       8-K
Filed at:   2025-07-01T23:59:59+00:00
Accession:  0001193125-25-153550
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apollo Funds complete $6.3B acquisition of Everi and IGT Gaming & Digital; shareholders get $14.25
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- All-cash transaction valued at approx $6.3B; Everi shareholders receive $14.25 per share in cash.
- IGT receives $4.05B gross cash proceeds; combined enterprise to operate under IGT name with three business units.
- Everi common stock delisted from NYSE effective July 1, 2025; company becomes wholly owned by Apollo Funds.
- Nick Khin appointed Interim CEO of combined IGT; Hector Fernandez expected to become CEO in Q4 2025.
- Existing Everi credit agreement and 2029 notes redeemed; all obligations discharged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318568/000119312525153550/0001193125-25-153550-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318568/000119312525153550/d159300d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-153550

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