SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________
Schedule 13E-4/A
FINAL AMENDMENT
Tender Offer Statement Pursuant to
Section 13(e)(1) of the Securities Exchange Act of 1934
and Rule 13e-4 Thereunder
ISSUER TENDER OFFER STATEMENT
(Pursuant to Section 13(e)(1) of the
Securities Exchange Act of 1934)
BALLY ENTERTAINMENT CORPORATION
(Name of Issuer)
BALLY ENTERTAINMENT CORPORATION
(Name of Person(s) Filing Statement)
6% Convertible Subordinated Debentures due 1998
(Title of Class of Securities)
05873CAA4
(CUSIP Number of Class of Securities)
Carol Stone DePaul
Bally Entertainment Corporation
8700 West Bryn Mawr Avenue
Chicago, Illinois 60631
(312) 399-1300
with a copy to:
Mark D. Gerstein
Katten Muchin & Zavis
525 West Monroe Street, Suite 1600
Chicago, Illinois 60661-3693
(312) 902-5200
(Name, Address and Telephone Number of
Person Authorized to Receive Notices and
Communications on Behalf of the Person(s)
Filing Statement)
June 7, 1995
(Date Tender Offer First Published,
Sent or Given to Security Holders)
<PAGE>
The offering period for Bally Entertainment Corporation's offer to
exchange its 8% Convertible Senior Subordinated Debentures for its 6%
Convertible Subordinated Debentures ended at midnight EDT, on July 12, 1995
and Bally Entertainment Corporation accepted for payment the tendered
Debentures on July 13, 1995. As of midnight EDT, on July 12, 1995,
$13,380,000 in aggregate principal amount of 6% Convertible Subordinated
Debentures had been validly tendered pursuant to the Exchange Offer and not
withdrawn, and $218,000 in aggregate principal amount of 6% Convertible
Subordinated Debentures had been tendered pursuant to Notices of Guaranteed
Delivery and not withdrawn.
Item 9. Material to be Filed as Exhibits.
(a) Exhibit (a)(9). Press Release, dated July 14, 1995.
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: July 14, 1995 BALLY ENTERTAINMENT CORPORATION
By: /s/ Lee S. Hillman
Name: Lee S. Hillman
Title: Executive Vice President, Chief
Financial Officer and Treasurer
Exhibit (a)(9)
FROM: BALLY ENTERTAINMENT CORPORATION
8700 West Bryn Mawr Avenue
Chicago, IL 60631
MWW/Strategic Communications, Inc.
Public Relations - Tel. (201) 507-9500
Contact: Michael W. Kempner/Laurie Terry
_______________________________________________________________________________
BALLY ENTERTAINMENT CORPORATION ANNOUNCES CONSUMMATION OF
EXCHANGE OFFER FOR 6% CONVERTIBLE SUBORDINATED DEBENTURES DUE 1998
CHICAGO, July 14, 1995 -- Bally Entertainment Corporation (NYSE:BLY)
today announced that the holders of approximately 88% in aggregate outstanding
principal amount of its 6% Convertible Subordinated Debentures tendered in
Bally's offer to exchange its 8% Convertible Senior Subordinated Debentures
due 2000 for the 6% Convertible Subordinated Debentures. The offering period
for the Exchange Offer ended at midnight EDT, on July 12, 1995, and Bally
accepted for payment the tendered Debentures on July 13, 1995.
As a result of the consent solicitation undertaken in connection with the
Exchange Offer, the indenture governing the 6% Convertible Subordinated
Debentures has been amended so as to, among other things, allow Bally to proceed
with a spin-off of its fitness center business.
Bally Entertainment Corporation is one of the world's foremost operators of
casinos and casino hotel resorts. The company owns and operates three
world-class casino hotel resorts in Atlantic City and Las Vegas, a riverboat
casino in New Orleans, Louisiana and plans to reopen ins dockside casino at
its new location in Mississippi in late summer of 1995.
Bally Entertainment Corporation, through its subsidiary, Bally's Health
& Tennis, is also the world's largest commercial operator of fitness centers
with approximately 340 facilities in the U.S. and Canada.
