Amaya's ex-CEO ends talks to buy company: Reuters

Amaya Inc's founder David Baazov said on Tuesday he had ended talks to buy the Canadian online gambling company because some shareholders were demanding a higher premium. Baazov, Amaya's former chief executive, offered to buy the company in mid-November in a deal valued at about US$4.1 billion. Including debt and transaction costs, the deal was for US$6.7 billion. Baazov and four private investment funds were to have financed US$3.65 billion of the deal.

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