GVC Holdings Said Not to be Interested in Bidding for Amaya (AYA)
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Amaya (AYA), William Hill Affirm Merger Talks
October 10, 2016 6:45 AM EDTThe Boards of William Hill PLC and Amaya Inc. (Nasdaq: AYA) note the recent press speculation and confirm that they are in discussions regarding a potential all share merger of equals.
Amaya has been undertaking a review of its strategic alternatives since February 2016. Over recent months, the Board of William Hill has been evaluating options to accelerate William Hill's strategy of increasing diversification by growing its digital and international businesses.
The potential merger would be consistent with the strategic objectives of both William Hill and Amaya and would create a clear international... More
UPDATE: Amaya (AYA) Received Strong Interest From Strategic Players, PE Firms - Reuters
October 7, 2016 2:25 PM EDT(Updated - October 7, 2016 2:28 PM EDT)
Amaya (NASDAQ: AYA) received strong interest from strategic players and private equity firms, according to Reuters, citing two sources. Bids have come in from suitors William Hill and GVC, the report said.
... More