London-listed gaming operators 888 Holdings and Rank Group are refusing to back down from their bid to acquire William Hill plc., setting out their rationale for the acquisition Wednesday in response to William Hill's "non-engagement" with the bidders.
William Hill rejected their non-binding proposal on Tuesday (August 9th), describing it as "highly opportunistic".
The bidders said in response Wednesday that they believe the bid to represent a compelling value creation opportunity for William Hill and its shareholders, adding [...]
