Amaya Inc CEO David Baazov announced yesterday his intentions to acquire the full ownership of the company that owns PokerStars and Full Tilt Poker. David owns only 18.6% of the company but has the option to buy 500,000 shares.

Amaya created an special committee to evaluate the situation but also explained that so far they haven’t received any offer. Baazov paid $4,900 million dollars to enter the company and would make an all-cash proposal to acquire Amaya at a price currently estimated to be C$21.00 per common share.

If Baazov acquires Amaya, he will have full power to make any change he wants without consulting the board.