Italy's GTECH calls extraordinary meeting to approve IGT buyout

MILAN (Reuters) - Italian gaming group GTECH said on Saturday it will hold an extraordinary shareholders' meeting on Nov. 4 to approve steps needed for the completion of its $4.7 billion buyout of U.S. slot machine maker International Game Technology. The purchase of the Las Vegas-based company, the largest foreign acquisition by an Italian firm since 2009, promises to shift GTECH away from its struggling domestic market and make it a major player in the casino business. By calling the meeting, GTECH - the world's No. ...



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