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Amaya and former PokerStars owners agree deferred payment schedule

10th January 2017 7:06 am GMT

Toronto-listed gaming operator Amaya has agreed a deal with the former owners of PokerStars to pay the outstanding US$197.7m balance of the purchase price of its acquisition of Rational Group.

Amaya said Monday that having considered various non-dilutive options, the company has decided to pay the balance of the deferred purchase price over the course of 2017 from unrestricted cash on its balance sheet and cash flow from operations.

The deferred purchase price was payable on February [...]

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