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Amaya Gaming shares jump on acquisition rumours

27th May 2014 7:50 am GMT

Shares in Toronto-listed gaming supplier Amaya Gaming Group set a new 52-week high amid rumours of a possible merger or acquisition in the poker segment and the disposal of its Ongame online poker platform.

The company saw its share price soar 13 per cent on Friday and a further 2.93 per cent Monday on speculation that it would sell Ongame in order to finance a significant acquisition.

In response to the speculation, [...]

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