NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

RE:Who Pays The Break Up Fee If This Goes South

[stocksnbonds]

Don't know about you folks but I certainly won't mind one iota if the deal falls through. 
Not sure about the legalities of the shares or who pays the breakup fee. 
If NYX becomes a stand-alone firm again, I'll be one happy camper !

NYX is a cash cow. We'll see that with the November financials unless management $crewed the company on the financial end more than we thought. 

In listening to SG CC and looking at their recent financials....... SG needs NYX more than NYX needs SG. They need an online strategy for growth-- badly. Made sense all along for WH to buy NYX although others such as Stars would not like that on the casino side of things. Curious to see what sportsbetting PLC does as they also have an investment in NYX including an option to convert shares as well. 

Hoping the deal falls apart. NYX will recover with better management. This is the time to oust the losers at the top in one fell swoop !

sb