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!

2mins ago someone from Serbia read 888games review

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
    24
  • Members Online
    339
  • Guests
    2,145
Highest Community Rated Online Casinos
NextCasino
  (110 Ratings)
Bet365 Games
  (127 Ratings)
CasinoLuck
  (172 Ratings)
Betsson Casino
  (161 Ratings)
Guts Casino
  (126 Ratings)
Unibet Casino
  (99 Ratings)
BitCasino.io
  (116 Ratings)
Redbet Casino
  (102 Ratings)
Betsafe Casino
  (133 Ratings)
Spin Palace Casino
  (90 Ratings)
Liberty Slots Casino
  (125 Ratings)
Intertops Casino Classic
  (77 Ratings)
ComeOn Casino
  (187 Ratings)
Slotty Vegas
  (66 Ratings)
Mr Green Casino
  (236 Ratings)
Thrills Casino
  (98 Ratings)
Winner Casino
  (297 Ratings)
Vera John Casino
  (141 Ratings)
3Dice Casino
  (190 Ratings)
Jetbull Casino
  (72 Ratings)
Casumo
  (88 Ratings)
River Nile Casino
  (79 Ratings)
Uptown Aces
  (84 Ratings)
32 Red Casino
  (228 Ratings)
Intertops Red Casino
  (82 Ratings)
Whitebet Casino
  (65 Ratings)
BETAT Casino
  (143 Ratings)
Ruby Fortune Casino
  (113 Ratings)
Sin City Casino
  (69 Ratings)
Crazy Vegas
  (127 Ratings)


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