Scientific Games’ Proposed Acquisition of Public Shares of SciPlay
July 15, 2021
On July 15, 2021, Scientific Games Corporation (“Scientific Games”) announced that it has submitted to the Board of Directors of SciPlay Corporation (“SciPlay”) a proposal for Scientific Games to acquire the remaining 19% equity interest in SciPlay that it does not currently own in an all‑stock transaction, following which SciPlay would become a wholly‑owned subsidiary of Scientific Games. Cravath is representing Scientific Games in connection with the transaction.
The Cravath team is led by partners Robert I. Townsend III and Thomas E. Dunn and includes associates Claudia J. Ricciardi, D. Ana Choi and Nastassia Shcherbatsevich on corporate matters; partner J. Leonard Teti II and associates Cecily Xi and Duncan H. Hardell on tax matters; partner David J. Kappos and associate Carys J. Webb on intellectual property matters; partner Matthew J. Bobby, practice area attorney Arian Mossanenzadeh and associate David Crampton on executive compensation and benefits matters; and partner Matthew Morreale on environmental matters.
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