Scientific Games Corporation’s Acquisition of NYX Gaming Group
September 20, 2017
On September 20, 2017, Scientific Games Corporation (“Scientific Games”) and NYX Gaming Group Limited (“NYX”) announced that they have entered into a definitive agreement under which Scientific Games will acquire NYX, further strengthening Scientific Games’ leadership position and ability to provide the broadest portfolio of content, technologies and digital products and services for its global Gaming and Lottery customers. Under the terms of the transaction, Scientific Games will acquire all of the outstanding ordinary shares of NYX for CAD$2.40 per share, equivalent to an enterprise value of approximately CAD$775 million, or approximately US$631 million. Cravath is representing Scientific Games in connection with the transaction.
The Cravath team is led by partner George F. Schoen and includes associates Ashley Robson Mistretta, Alan Campbell, Megan E. Fitzgerald, Brian C. Mulhall and Caleb B. Rosser on M&A matters; partner Eric W. Hilfers, practice area attorney Romica Singh and associates Matthew J. Bobby and Christopher C. Gonnella on executive compensation and benefits matters; partner J. Leonard Teti II and associates Peter W. Rogers and Richard Bohm on tax matters; partner David J. Kappos, practice area attorney Anthony N. Magistrale and associate Nicholas Kypriotakis on intellectual property matters; practice area attorney Brian M. Budnick on real estate matters; and senior attorney Annmarie M. Terraciano on environmental matters. Nicolas R. Yamagata also worked on M&A matters.
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J.D., 1998, University of Chicago Law Schoolwith Honors
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B.A., 1994, Cornell University
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J.D., 1998, University of Chicago Law Schoolwith Honors
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A.B., 1995, Princeton University
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J.D., 2005, University of Virginia School of LawOrder of the Coif
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A.B., 1999, Princeton Universitywith Honors
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J.D., 1990, University of California, Berkeley, School of Law
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B.S., 1983, University of California, Davissumma cum laude
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J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Wisconsin - Madison
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B.A., 1989, Wellesley Collegecum laude
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J.D., 2011, Benjamin N. Cardozo School of Lawcum laude
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B.A., 2006, University of Virginia
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