Key Takeaways
- Discussions between Amaya and its former CEO David Baazov to buy the company and take PokerStars and its associated brands private have ended, the company confirmed today.
- In a statement published by the Toronto-listed gaming company Tuesday, Amaya confirmed that “discussions with its former Chief Executive Officer, David Baazov, regarding the offer to acquire Amaya by an entity to be formed, have terminated.”
- Baazov, in a statement to press, said: “After consulting with my advisers, I determined that the best course of action for me and Amaya would be for me to end my attempt to purchase the company.”
Discussions between Amaya and its former CEO David Baazov to buy the company and take PokerStars and its associated brands private have ended, the company confirmed today.
