AMAYA AND CHARTWELL ENTER INTO A BUSINESS COMBINATION AGREEMENT
Chartwell Technology Inc. (TSX: CWH) ("Chartwell"), a leading provider of games, gaming systems and platform for the regulated online casino gaming industry and Amaya Gaming Group Inc. (TSXV: AYA) ("Amaya") an entertainment solutions provider for the regulated gaming industry are pleased to announce that they have entered into an Arrangement Agreement to combine the businesses of both companies.
The proposed transaction will combine two experienced international gaming technology providers, leveraging their complementary product offerings, technology and people to better compete in both the online and land-based gaming industries. Chartwell and Amaya will continue to focus on their existing businesses with the greatly expanded products, technologies and expertise resulting from the combination.
- Published: 12 May 2011
- Written by Editor