Amaya Gaming Group Inc. (TSXV: AYA), an entertainment solutions provider for the regulated gaming industry, announced Tuesday that it has entered into an arm’s length definitive agreement to acquire Cadillac Jack, Inc. in a merger transaction. Amaya will pay approximately US$167.0 million to acquire 100% of the equity of Cadillac Jack. The transaction is expected to close during the fourth quarter of 2012.
Greenberg Traurig served as U.S. and Mexico counsel to Montreal, Canada-based Amaya Gaming Group in connection with the acquisition transaction and in connection with the fully underwritten non-convertible senior debt financing to partially fund the acquisition.
Greenberg Traurig’s team for Amaya, led by corporate and securities shareholder and gaming practice Co-ChairMarlon Goldstein, included: corporate shareholder Lorne S. Cantor and corporate associates Drew M. Altman, Robert A. Kanter, David D. Gruberg, and Antonio Peña in Miami; gaming practice Co-Chair Martha A. Sabol and associate Edward R. Winkofsky in Chicago; tax shareholder Charles E. Stiver, Jr. in Miami; employee benefits shareholder Mindy Leatheand associate Michael R. Einig in Miami; finance shareholder Cindy J.K. Davis in Atlanta; intellectual propertyshareholder David J. Dykeman and associate Bethany A. Stokes in Boston; shareholder Daniel Saltzberg Koris inMexico City; antitrust and trade regulation of counsel Mary Marks in New York; and antitrust and trade regulationshareholder Andrew G. Berg in Washington, DC.
Link to Amaya Gaming Group press release on Canada Newswire: Amaya Announces US$167 Million Acquisition of Cadillac Jack.