Amaya Shares: David Baazov and Values Amaya

amaya shares: David Baazov, who resigned from the Montreal-based company in August, is leading a group of investors that has offered 24 per share for the company, 3 more per share than he suggested earlier this year that he d be willing to pay, according to The Toronto Star. The bid, which values Amaya at about 3.48 billion, represents a 30-per-cent premium from where Amaya shares closed on Friday. Graham Hughes / THE CANADIAN PRESS file photo By Ross Marowits The Canadian Press Mon., Nov. 14, 2016 MONTREAL The founder and former chief executive of online gaming firm Amaya Inc. has turned to financial backers in Hong Kong and Dubai in making a takeover offer valued at 6.7 billion U.S. including debt. The company stock surged more than 14 per cent at 21 in midday trading Monday on the Toronto Stock Exchange. Article Continued Below In February, he expressed to Amaya his interest in buying out the other shareholders at a price of 21 per share. Baazov already holds a 17.2-per-cent stake in Amaya including more than 24.5 million shares and options that entitle him to acquire 387,500 more. (news.financializer.com). As reported in the news.

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