Amaya Inc is still sounding out potential investors as it weighs up the bid for the group led by embattled CEO & Chairman David Baazov, who is currently on a leave of absence from the company as he battles insider trading charges. The firm is also on the hunt for a new leadership team as Baazov and CFO Daniel Sebag have revealed …
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Baazov submits takeover proposal for Amaya Inc
Toronto (TSX) listed operator Amaya Inc has today issued a corporate statement detailing that current CEO and Chairman David Baazov has submitted an all-cash deal to takeover the company. Amaya’s Board of Directors will now create a special independent committee to review the forthcoming proposal by Baazov which is estimated to be offering CAD $21 (£10-11) per common share, representing …
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