Post by
Pivotcatalyst on Nov 14, 2017 2:30pm
William Hills road to victory
This agreement with Scientific Games may be terminated (i) by mutual agreement of Scientific Games and NYX, (ii) by either Scientific Games or NYX if the arrangement agreement dated September 20, 2017 in respect of the Acquisition (the "Arrangement Agreement") is terminated in connection with NYX entering into a superior proposal or the board of NYX making a change in recommendation and in either case the superior proposal is consummated, or (iii) by NYX if the Arrangement Agreement is terminated in circumstances where the Acquisition is not approved by at least 51% of the votes of NYX shareholders (excluding William Hill and its affiliates) at the shareholders meeting.
Comment by
uograd on Nov 14, 2017 5:51pm
maybe the reason they have not publichsed their rebuttal is because they are considering a bid quite seriousily. Without question it will be hostile so that would really get this board hopping.