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SciPlay Plunges 21% After Sale Talks With Scientific Games End
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SciPlay Corp., the maker of mobile and web games such as Jackpot Party Casino, fell as much as 21% in extended trading after ending talks to sell out to majority owner Scientific Games Corp., a large supplier to the gambling industry.
The two sides were unable to come to terms after a special committee of SciPlay’s board rejected Scientific Games’ initial stock-swap offer, according to a statement Wednesday.