Baazov tables CA$2.8bn offer to acquire Amaya Â
Gaming giant confirms chief exec David Baazov has tabled an offer of CA$21 per shareÂ
Amaya CEO David Baazov has tabled a CA$2.8bn offer to acquire the publically listed gaming giant. [private]
In a statement issued to the market, Amaya said Baazov had tabled a buy-out offer of $21 per share, valuing the Montreal-based from at around $2.8bn.
Amaya said its board has established a special committee of independent directors to review any proposal that may be forthcoming, or any other alternative offers.
The firm also said that at this time it has âneither received nor solicited a formal bid or offerâ and there can be no assurance that Baazovâs intention will result in a formal bid, offer, or completed transaction.
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