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Standard Basic filed a report with the SEC that highlighted its current 21% ownership stake in Bally’s. And it outlined a suggestion to purchase the remainder of the corporate’s shares for $38 per share. Customary Common is not expecting a quick response, given that Bally’s board will have to kind a particular committee to mull over the deal. Nonetheless, given Normal Common’s already giant stake and involvement in the corporate, it looks like a very good suitor.