David Baazov Offers To Buy Amaya

David Baazov, former chief executive of Amaya Inc, has offered to buy the entire company for about C$3.48 billion ($2.56 billion) or about C$24 per share - 30.9% more than Friday's close of C$18.34.

Amaya, owns PokerStars and Full Tilt, said on Monday they would consider Baazov's offer which could make PokerStars and Full Tilt privately owned once again. According to Reuters, Baazov currently owns about 17.2 percent of Amaya and is making this offer on behalf of a to-be-formed entity led by him.

source: http://ift.tt/2g7XHw4

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