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Amaya Inc. T.TSGI


Primary Symbol: AYA

Consumer Cyclical Leisure
The Stars Group Inc is an online and mobile gaming company with poker, gaming, and betting product offerings. These products are offered both, directly and indirectly, under-owned or licensed gaming brands, and the company also owns several live poker tour and events brands. The firm's primary sources of revenue are its online gaming businesses. The company has three segments based on geography: International, United Kingdom, and Australia. Stars Group generates the majority of its revenue...


NDAQ:AYA - Post by User

Amaya Inc. > About time
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Comment by Ronbromleygrosson Apr 11, 2020 6:42pm
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Post# 30899612

RE:RE:RE:RE:RE:RE:RE:About time

RE:RE:RE:RE:RE:RE:RE:About timeGood question indivinvestor1

Not sure on that response.  Good question.  I deal with Investors Edge discount brokerage (CIBC) and will inquire on this myself next week when the banks are open again.

Another question this brings up is that if we do nothing on the decision date when the buyout happens and we get flutter shares at the conversion ratio, then is the Stars shares considered a redemption (sale) and we have to report the net as either a capital gain or loss on the transaction???   

Wow so much to think about here.  There is some confusion out there for sure.

I think someone in this board kind of mentioned previously about what happens.

Help anyone??

Happy Easter!!

Ron
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