Key Takeaways
- A special committee on Amaya’s board of directors has appointed Barclays Capital Canada Inc as the exclusive financial advisor in response to Baazov’s regulatory filing that he is preparing to make a bid to purchase the company.
- It was revealed that four employees of Amaya “may be participating in Mr. Baazov’s potential transaction proposal.”
A special committee on Amaya’s Board of Directors has appointed Barclays Capital Canada Inc as the exclusive financial advisor in response to Baazov’s regulatory filing that he is preparing to make a bid to purchase the company.
Blake, Cassels & Graydon LLP has also been retained as legal advisor in connection with Baazov’s plan.
