TSXV:NYX.DB - Post by User
Comment by
Bookendson Nov 08, 2017 11:37am
152 Views
Post# 26925699
RE:This is not bullish !
RE:This is not bullish ! Investor4000 wrote: William Hill wants to make a deal with Scientific game to make sure his exclusivity, in certain part of the world, is respected (regarding WH initial contract with NYX)
If William Hill cannot get a deal with scinetific game, they will block the takeover.
Conclusion: It is not a bullish situation. They want this deal to pass while maintaining ''WH'' rights to certain territories, if not they will block the deal. I do not see a situation where NYX shareholders are going to be happy.
Say before the arrangement with Scientific game when NYX'a SP was bouncing from 1$ to 1.5$, wouldn't you have been happy to have an announcement where NYX and WH would agree to convert 40M shares from 3.67$ cash?? Remember that the SP was between 1$ to 1.5$ here... What changes now if the deal falls apart?