Key Takeaways
- As part of its due diligence, a Special Committee of independent directors has commissioned an independent evaluation of the company by global investment bank Moelis & Company LLC.
- The report will also include an evaluation of the financial forecast of Amaya’s performance as made by its own management team.
- In addition, guidelines have been developed concerning the “ongoing management” of Amaya in the midst of the potential offer to buy the company.
Amaya revealed on Tuesday some of the steps the company has taken in preparation for the possibility that David Baazov or others may make an offer to buy the company.
In a press release, Amaya stressed that it had not yet received an offer from its Chairman and Chief Executive Officer David Baazov, nor any other possible suitors.
