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MacAndrews & Forbes increases stake in Scientific Games to 24.14%
By Lisa Kerner
Charlotte, N.C., Feb. 13 - Scientific Games Corp. investors MacAndrews & Forbes Holdings Inc. (formerly, Mafco Holdings Inc.) and SGMS Acquisition Corp. increased their stake in the company by 200,000 shares at $30.27 per share, using some $6 million of cash on hand.
The shareholders own 22,115,090 shares of Scientific Games, or 24.14% of the shares outstanding, according to a schedule 13D filing with the Securities and Exchange Commission.
New York-based Scientific Games provides lottery and pari-mutuel wagering services and products.
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