ARISTOCRAT MAY SELL BONDS TO FUND PURCHASE

May 20, 2001 7:45 PM
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Aristocrat Leisure Ltd., based in Sydney, Australia, may sell bonds and shares to help its purchase of Casino Data Systems it was reported Saturday.

Aristocrat, the second-largest slot producer wants to purchase the United States based company for $180 million.

Aristocrat will provide details on the financial structure of the purchase at their annual general meeting Tuesday.

On Friday, Aristocrat got final approval to start selling its Penguin Pays game in Nevada. There had been a 90-day field trial of the game at Sunset Station Casino in Henderson.