Amaya investors approve Rational Group buy, GSO-Blackstone financing
Shareholders of Amaya Gaming Group Inc (TSX: AYA) have approved the previously announced US$4.9 billion purchase of Rational Group Ltd by the Montréal-based gaming company. Assets acquired by Amaya include Rational's online poker platforms PokerStars and Full Tilt Poker. Shareholders also approved the transaction's funding arrangement with GSO Capital Partners, an affiliate of U.S. private equity firm The Blackstone Group. GSO previously agreed to support the acquisition through US$655 million in share subscriptions.
31 July 2014•7 mins read
