March 10 (Reuters) - Star Entertainment Group SGR.AX:
ASX ALERT-UNSOLICITED NON-BINDING FUNDING PROPOSAL FROM BALLY'S-SGR.AX
BALLY'S PROPOSES A$250 MILLION CAPITAL RAISE FOR STAR ENTERTAINMENT
CONVERTIBLE NOTES TO BE CONVERTIBLE INTO AT LEAST 50.1% OF STAR'S SHARES
BOARD OF STAR WILL REVIEW BALLY'S PROPOSAL