BUZZ-Amaya Inc: Set to open at two-month low

Tue Mar 29, 2016 8:25am EDT
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** Canadian gambling website operator's U.S.-listed shares down 8.73 pct at $10.25 premarket

** Stock set to open lowest in two months

** Company's CEO David Baazov takes indefinite paid leave of absence a week after he was charged with insider trading by Quebec's securities regulator

** Company names Rafi Ashkenazi, chief executive of Amaya unit Rational Group, as interim CEO

** Charges against Baazov come about two months after company said it had received a non-binding proposal from the chief executive to take the company private

** Up to Monday's close, stock had fallen nearly 20 pct since Baazov was charged on March 23