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Amaya to withhold 2016 financial guidance as it considers possible offer

3rd March 2016 8:45 am GMT

Toronto-listed online gaming operator Amaya has said that it will not provide any revenue guidance for 2016 as its considers a potential offer from chief executive David Baazov, as well as other alternatives. 

The PokerStars owner has engaged investment bank Moelis & Company to provide an independent valuation of Amaya’s securities in connection with any offer that may be made by Baazov. 

In January Baazov notified the board of his intention to submit a proposal to acquire Amaya for [...]

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