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Scientific Games to buy WMS Industries for $1.5 billion

(Reuters) - Scientific Games Corp , which makes tickets and software for lotteries, said it would acquire WMS Industries Inc for about $1.5 billion.

Scientific Games will pay $26.00 for each WMS common share, a 59 percent premium to WMS stock's closing price of $16.37 on the New York Stock Exchange on Wednesday.

(Reporting by Chris Peters in Bangalore; Editing by Sriraj Kalluvila)

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