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Amended bid to take Amaya private now down to two backers Add to ...

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Amaya Inc.’s founder and former chief executive officer has filed an amended proposal to take the online gambling company private at $24 a share without two of the previous four named equity backers.

In a filing with U.S. and Canadian securities regulators on Friday morning, David Baazov says he has “binding equity commitment letters” from Head and Shoulders Financial Group and Goldenway Capital, both of Hong Kong, for $3.45-billion (U.S.).

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