(Reuters) - Scientific Games Corp (>> Scientific Games Corp), which makes tickets and software for lotteries, said it would acquire WMS Industries Inc (>> 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)