Breaking News: The Ader Group Wins IGT Board Seat

The Ader Group today announced that International Game Technology (NYSE: IGT) concluded that Daniel B. Silvers has been elected to the IGT Board of Directors at the Company’s Annual Meeting, based on preliminary vote tabulations.

Jason N. Ader issued the following statement on today’s results:

“This is a victory for all IGT shareholders. They have clearly communicated the need for positive change at IGT, and we are gratified by the mandate IGT shareholders have given us to help reinvigorate the company’s core casino gaming business. We are eager to work diligently and cooperatively with IGT’s Board, management and talented employees to create sustained performance improvement and long-term value for the benefit of all shareholders.”

There has been a contentious power struggle in recent weeks as Ader wanted three of his own hand-picked individuals to join the IGT board.