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Baazov abandons Amaya takeover attempt

Operator’s former chief exec says asking price had risen too high

David Baazov has abandoned his Amaya takeover attempt after “certain Amaya shareholders” demanded too high a price, he announced this morning. The former chief exec said he had increased his bid from C$21 a share to C$24 per share, but it was not enough to close the deal. “The decision to terminate my attempted acquisition of Amaya was…

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