Gtech-IGT buyout passes initial regulatory hurdle

Published August 11, 2014 5:44pm ET



LAS VEGAS (AP) — Italian lottery operator Gtech and Nevada-based International Game Technology say they’ve cleared one regulatory hurdle in a multi-billion-dollar buyout that the companies expect to complete in the first half of 2015.

IGT announced Monday the deal received early termination of a required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

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