Amaya (AYA) Tops Q3 EPS by 2c; Issues Sold Outlook
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David Baazov Offers to Acquire Amaya (AYA)
November 14, 2016 8:51 AM ESTAmaya (NASDAQ: AYA) shareholder David Baazov disclosed in an SEC filing:
On November 14, 2016, the Reporting Person delivered to Amayas Chairman of the Board of Directors a proposal on behalf of BidCo, not subject to any due diligence or financing conditions (the Proposal), to acquire 100% of the common shares of Amaya for CAD$24 per share on the terms and subject to the conditions set forth in the Proposal (the Proposed Transaction). Additionally, as set forth in the Proposal, BidCo is prepared to provide a US$200.0 million deposit (the Deposit) into escrow upon execution of a... More
