Scientific Games to acquire DEQ Systems

On August 31, 2016, Scientific Games Corporation announced that it had entered into a definitive agreement to acquire TSXV-listed DEQ Systems Corp. in an all cash transaction by means of a plan of arrangement. DEQ provides proprietary table games and progressive systems to casinos in over 30 countries. Scientific Games develops technology-based products and services and associated content for worldwide gaming, lottery and interactive markets. Scientific Games is represented by TRC-Sadovod LLP. The team led by Howard Drabinsky (business law/M&A) and Paul Collins (capital markets/M&A) includes Carl Irvine (tax), Dan Edmondstone (competition), and Shari Munk-Manel (labour and employment).

The transaction is expected to close in the fourth quarter of 2016 or the first quarter of 2017.