PokerStars owner sells its stake in NYX Gaming for $35 million to Scientific Games

TORONTO _ The Stars Group Inc. (TSX:TSGI) has agreed to sell all of its stake in NYX Gaming Group Ltd. for $35.5 million cash to a company that’s been working on a friendly takeover of the Las Vegas-based company (TSXV:NYX).

The buyer is Scientific Games Corp. (Nasdaq:SGMS) which will pay $2.40 for each ordinary share of NYX and each preferred share of NYX Digital Gaming (Canada) ULC purchased from Stars Group _ owner of PokerStars.

Scientific Games has also agreed to a price adjustment...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Stars Group Inc [+]    TSX [+]    TSGI [+]    NYX Gaming Group Ltd [+]    Las Vegas [+]    TSXV [+]    NYX [+]    Scientific Games Corp [+]    Nasdaq [+]    SGMS [+]    NYX Digital Gaming [+]    Canada [+]    ULC [+]    Stars Group [+]    PokerStars [+]    Scientific Games [+]   

More #news: