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Bullboard - Stock Discussion Forum
NYX GAMING GROUP LTD 11 PCT DEBS
V.NYX.DB
Technology
Electronic Gaming & Multimedia
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Bullboard (TSXV:NYX.DB)
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(2)
•••
humppyus
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Post by
humppyus
on Nov 10, 2017 10:14am
Very Little Market Reaction So Far
One thing is certain. The Market is confused as this thing is barely trading.
(0)
•••
Pivotcatalyst
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Post by
Pivotcatalyst
on Nov 10, 2017 10:12am
Deal has a higher probability of success
NYX and Scientific Games simply eliminated any possible win for William Hill the vote needs approval by 51% of all shareholders excluding William Hill
(96)
•••
uograd
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Comment by
uograd
on Nov 10, 2017 10:00am
RE:RE:RE:press releases written by a philadelphia lawyer
hi bookends Don't think deal is dead but what nyx are saying if even if the william hill get their shares converted (which they are clearly fighting) and block the deal, NYX is not
...more
(2)
•••
NYX2017
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Comment by
NYX2017
on Nov 10, 2017 9:56am
RE:RE:RE:press releases written by a philadelphia lawyer
Deal is NOT dead. It's just a smart move to say f*ck you to WH. Read below: "This agreement with Scientific Games may be terminated (i) by mutual agreement of Scientific Games and NYX, (ii
...more
(16)
•••
Bookends
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Comment by
Bookends
on Nov 10, 2017 9:53am
RE:RE:press releases written by a philadelphia lawyer
Im also very confused, but from my understanding, the deal (2.40$ offer) is dead... Rather, SG will pay NYX 30M USD for a partnership to use NYX's technology to mutually use sports betting in
...more
(40)
•••
bigbaddude
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Post by
bigbaddude
on Nov 10, 2017 9:51am
Join us or buy us
Significantly weakens WH's position to vote against because gain is now much smaller. WH can vote for the acquisitio or make their own offer, but voting against and holding on will have low value
...more
(2)
•••
NYX2017
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Comment by
NYX2017
on Nov 10, 2017 9:50am
RE:press releases written by a philadelphia lawyer
Actually it's pretty simple: WH threats are useless now. The acquisition won't be completed only if the majority of retail investors don't vote for it.
(96)
•••
uograd
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Post by
uograd
on Nov 10, 2017 9:43am
press releases written by a philadelphia lawyer
Man you have to read them, then read them again, then think about what they are saying, then think about it some more and read them again. Market is as confused as anyone.
(0)
•••
Pivotcatalyst
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Post by
Pivotcatalyst
on Nov 10, 2017 9:42am
Its a win
pretty much locks in the deal
(2)
•••
NYX2017
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Comment by
NYX2017
on Nov 10, 2017 9:39am
RE:RE:Stellar news
GREAT move!
(15)
•••
oilwatcher13
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Comment by
oilwatcher13
on Nov 10, 2017 9:35am
RE:RE:Stellar news
Or the shareholders do not vote for the merger... could be in limbo for years.. JMHO
(12)
•••
eljoro
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Comment by
eljoro
on Nov 10, 2017 9:26am
RE:Stellar news
Unless William Hill makes a higher bid for the entire company?
(0)
•••
Pivotcatalyst
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Post by
Pivotcatalyst
on Nov 10, 2017 9:21am
Stellar news
locks in the technology and rights for 10 years for Scientific Games William Hill cannot win now
(0)
•••
Pivotcatalyst
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Post by
Pivotcatalyst
on Nov 10, 2017 9:16am
NEWS IS OUT
EOM
(0)
•••
Pivotcatalyst
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Comment by
Pivotcatalyst
on Nov 10, 2017 8:51am
RE:Rights Issue is my take
The vote decides and WH is negotiating with Scientific Games worst case scenario is they will start accumualting to increase their % and it will be apparent if they reach a deal it will be apparent
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