Amaya and Cryptologic Acquisition Deal Closing?


Shareholders will soon be acknowledged of details.

Amaya Gaming and Cryptologic have continued to work together on an acquisition offer during which Cryptologic directors recommended the deal to shareholders at US$2.535 per share. The document, dated 17 February 2012, set out the terms and conditions of the Amaya offer and the procedure for acceptance, together with the Form of Acceptance.

In addition, the Directors' Circular of the board of Cryptologic is posted to shareholders of Cryptologic, and to exchangeable shareholders of Cryptologic's indirect wholly owned subsidiary, Cryptologic Exchange Corporation and holders of Cryptologic stock options.

Amaya's offer will initially remain open for acceptance until 3:00 p.m. GMT on 28 March 2012 and is conditional upon, among other things, valid acceptances being received in respect of more than 50 percent in value of the issued share capital of Cryptologic and more than 50 percent of the voting rights attached to the issued share capital of Cryptologic normally exercisable at general meetings.

In order to progress the deal shareholders are invited to complete the formalities outlined in the documents.

Casino Software Gambling Law & Society News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

4mins ago someone from United States played Red Baron

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

Casino Of The Month

Casino of the Month

In the last 24h

Totals

  • New Members
    17
  • Members Online
    291
  • Guests
    2,026
Highest Community Rated Online Casinos
NextCasino
  (99 Ratings)
Bet365 Games
  (113 Ratings)
CasinoLuck
  (161 Ratings)
Betsson Casino
  (148 Ratings)
BitCasino.io
  (100 Ratings)
Guts Casino
  (117 Ratings)
Redbet Casino
  (94 Ratings)
Intertops Casino Classic
  (70 Ratings)
Betsafe Casino
  (124 Ratings)
Unibet Casino
  (92 Ratings)
Slotty Vegas
  (56 Ratings)
3Dice Casino
  (164 Ratings)
Spin Palace Casino
  (87 Ratings)
Thrills Casino
  (87 Ratings)
Uptown Aces
  (71 Ratings)
Liberty Slots Casino
  (115 Ratings)
32 Red Casino
  (195 Ratings)
Mr Green Casino
  (227 Ratings)
ComeOn Casino
  (175 Ratings)
Winner Casino
  (287 Ratings)
Vera John Casino
  (134 Ratings)
Casino Saga
  (68 Ratings)
Jetbull Casino
  (66 Ratings)
Casumo
  (82 Ratings)
Sin City Casino
  (66 Ratings)
River Nile Casino
  (74 Ratings)
BETAT Casino
  (132 Ratings)
No Bonus Casino
  (37 Ratings)
Crazy Vegas
  (121 Ratings)
Whitebet Casino
  (60 Ratings)


Follow LCB on Facebook Follow LCB on Twitter Follow LCB on Pinterest Follow LCB on Google plus