Amaya INC governance has met with shareholders at yesterday’s Annual General Meeting (AGM), discussing the company’s current position regarding the potential management takeover by former CEO & Chairman David Baazov.
Company stakeholders remained tight-lipped regarding discussions, disclosing no information to news sources (media were not allowed at the AGM).
The AGM was the first meeting between Amaya governance and investors since Baazov took voluntary leave as Amaya CEO in March, to address ongoing charges by Quebec’s AMF relating to insider trading concerning Amaya’s 2014 acquisition of Rational Group assets PokerStars and Full Tilt.
“We’re treating it the way we feel appropriate for shareholders this year,” Amaya spokesman Eric Hollreiser said outside the meeting. Interim CEO Rafi Ashkenaz declined to speak with reporters.
Amaya’s turbulent position has seen it garner significant speculation regarding its future, with business news sources stating that a number of parties are interested in acquiring the company.
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