Having ended a three year losing streak with a return to profit in the third quarter of 2011, online casino games supplier CryptoLogic looks set to continue its resurgence as a part of Amaya Gaming Group.
The company said Thursday that it will recommend that shareholders accept the US$2.535 per share cash offer from Amaya, which represents a premium of 56 per cent and 105 per cent over the December 14th closing price of CryptoLogic shares [...]