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Bullboard - Stock Discussion Forum NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

TSXV:NYX.DB - Post Discussion

NYX GAMING GROUP LTD 11 PCT DEBS > Is David Baazov buying NYX and taking it private?
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Post by solarman2013 on Mar 07, 2017 11:46pm

Is David Baazov buying NYX and taking it private?

He sold over 7M shares of Amaya today. on the Amaya board, someone posted that now that he's blocked from buying Amaya by their new debt terms, he is going to stay in the industry by buying up NYX, an important vendor to Amaya.

Anyone have any information to validate or refute this?
Comment by Hedgiee on Mar 08, 2017 12:20am
This post has been removed in accordance with Community Policy
Comment by petrofac on Mar 08, 2017 12:27am
Form 62-103F1 Required Disclosure under the Early Warning Requirements State if this report is filed to amend information disclosed in an earlier report. Indicate the date of the report that is being amended. This report amends information contained in an earlier Early Warning Report dated December 20, 2016. Item 1 – Security and Reporting Issuer 1.1 State the designation of securities to which ...more  
Comment by Hedgiee on Mar 08, 2017 12:32am
This post has been removed in accordance with Community Policy
Comment by SunsetGrill on Mar 08, 2017 5:55pm
Buyout HIGHLY unlikely anytime soon. Davey owns >10% and W.Hill owns a ton between the two of them they control everything. NO WAY they sell and think they have even stated that. Who's gonna bid knowing they own control. AND who wants that debt before the bussiness model is firmed up 
Comment by petrofac on Mar 08, 2017 12:29am
Holdings of Fund/Holder BAAZOV, DAVID  Address: DIRECTOR/INSIDER  Total Value at last report: $ 0 CAD  Total number of securities: 1  Sort by: Value Shares Largest increase Largest decrease Alphabetically Targeted Holder's Securities - 1 items Name Symbol Region  ...more