Just a few weeks after gaming giant William Hill Plc ended talks to merge with Amaya Inc., another big deal could be in the works.
Amaya Inc. founder David Baazov is spearheading a group that delivered a proposal to the company's board of directors to acquire the company and take it private. According to reports by both Financial Times and Bloomberg Markets, the deal is valued at $6.7 billion including debt.
The deal is reportedly comprised of the following:
- $3.65 billion acquisition from unnamed backers of outstanding shares at C$24 per share or a 31 percent increase of the C$18.