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Drop Baazov’s takeover bid: SpringOwl CEO
Investor Jason Ader has urged Amaya’s board to reject David Baazov’s takeover bid, citing the lack of transparency and the information about Baazov’s sources of funding, local media reports. The CEO of SpringOwl, Ader, which holds over 2 percent of Amaya shares, said it was “time for the company to fully move on from the […]
Ader’s Springowl tells GVC Holdings to increase its bwin.party bid
New York activist investor Jason Ader has suggested that GVC Holdings Plc will need to increase its 122.5p ($1.91) per share offer in order to succeed in its takeover bid for bwin.party Entertainment. Ader’s investment fund Springowl, which owns 5.2 percent of bwin.party, has stated that GVC Holdings and its bid backer Cerberus Capital Management […]
