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Scientific Games to reincorporate remainder of SciPlay in $1.9bn deal
| By Richard Mulligan
Scientific Games Corporation has submitted a proposal to acquire the outstanding shares of its social gaming division SciPlay Corporation in a deal with an implied enterprise value of $1.9bn.
The proposal would see Scientific Games (SGMS) acquire the remaining 19% equity interest in the games developer that it does not currently own in an all-stock transaction, following which SciPlay would become a wholly-owned subsidiary.