Update: Amaya’s Cryptologic Acquisition Sees Another Deadline Extension

Cryptologic shares’ sale still in the game

An announcement came this week from Amaya Gaming, the new owner of Cryptologic, that it’s giving another extension to the bitter-end investors still holding the Cryptologic shares, to 30 May 2012.

This is the fourth extension granted by the company, with earlier ones granted on 2 February, 29 March, 18 April and 2 May. In the meantime, Amaya is gathering in all the stock, currently reporting that as at May 16 it has collected approximately 88.12 percent of Cryptologic Shares to which the Offer relates.

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