Apollo mulls upping bid for Great Canadian Gaming: Bloomberg

Apollo Global Management is contemplating an increase to its $2.5 billion (C$3.2 billion) takeover bid for Great Canadian Gaming Corp, reported Bloomberg.

Apollo Global Management is contemplating an increase to its $2.5 billion (C$3.2 billion) takeover bid for Great Canadian Gaming Corp, reported Bloomberg. The investor may walk away from the deal if it cannot win approval at an upcoming shareholder meeting. Several large shareholders of Great Canadian, a Toronto-based operator of gaming, entertainment and hospitality facilities, have opposed Apollo’s bid.

Source: Bloomberg