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Founder Offers to Take Amaya Private in $6.7 Billion Deal - Bloomberg

Updated: Feb 5, 2021

Amaya Inc.’s founder has made a cash offer to take the Canadian owner of the PokerStars online gambling service private in a deal valued at about $6.7 billion, including debt.

David Baazov said he and his financial backers are offering C$24 for each outstanding common share of the Pointe-Claire, Quebec-based company, according to a Monday U.S. exchange filing. The offer represents a 31 percent premium to the Friday closing price of C$18.34 in Toronto.


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