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PokerStars\: merger with WH and Shainbergs\?\!

PokerStars: merger with WH and Shainbergs?!

09 oct 2016

According to Reuters, Amaya Inc. talks about full merger with the British bookmaker William Hill Plc, in order to create a company with broad gambling capabilities.
Recall that not so long ago, William Hill has rejected all proposals from a consortium of 888 Holdings Plc and Rank Group Plc.
In addition, it became known that former Amaya's CEO David Baazov, who is currently accused of insider trading by regulatory authorities of Québec, has abandoned his earlier plans to buy the company. However, as sources claim, negotiations may not result in a deal.
But another source represented by the co-founder of the poker online resource «Pocket Fives», Adam Smolla, claims that the former owners of PokerStars, father and son Shainbergs, considered buying of PokerStars. The amount of possible deal is about half of that sum for which the company has been sold to David Baazov ($4.9 billion).

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