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Customary Common filed a report with the SEC that highlighted its present 21% ownership stake in Bally’s. And it outlined a suggestion to purchase the rest of the corporate’s shares for $38 per share. Customary Common is not expecting a fast response, on condition that Bally’s board should kind a special committee to mull over the deal. Nonetheless, given Standard General’s already large stake and involvement in the corporate, it looks like a very good suitor.