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Amaya terminates acquisition talks with former CEO Baazov

20th December 2016 1:29 pm GMT

David Baazov’s plan to acquire PokerStars parent Amaya Inc. has fallen through, with the company confirming Tuesday that talks with its former chief executive have been terminated.

Baazov, who served as chief executive of Amaya until earlier this year, had proposed to take the company private, submitting a $6.7bn offer to the company’s board last month.

His tenure as chief executive came to an end in August when Rafi Ashkenazi was named [...]

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