Montreal-based gaming company Amaya Inc. has entered into an agreement to sell gaming machine designer and supplier Cadillac Jack, Inc. to AGS, LLC, an affiliate of private equity firm Apollo Global Management LLC, for $476 million in a cash and debt transaction. The deal closed on May 29, 2015. The move follows Amaya’s $4.9-billion acquisition of Oldford Group Ltd., the owner of PokerStars, in August 2014.
Osler, Hoskin & Harcourt LLP acted as Canadian counsel to Amaya, with a team that included Eric Levy (securities law) and Manon Thivierge (tax law).
Greenberg Traurig, LLP acted as US counsel to Amaya, with a team led by Lorne Cantor (gaming) and including Drew Altman, Evan Kanter and Samantha Glover (corporate & securities); Mindy Leathe and Charles Stiver Jr. (tax); Cindy Davis (banking & Finance); Mary Marks (antitrust & trade regulation) and Daniel Schloss (technology, media & telecommunications).
Paul, Weiss, Rifkind, Wharton & Garrison LLP acted for AGS, with a team that included John Scott, Ross Fieldston, Gregory Ezring, Mark Wlazlo, Brian Janson, Terry Schimek and Monica Thurmond and Brad Okun (tax) and Lawrence Witdorchic (employee benefits).