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888 and Rank set out rationale behind William Hill acquisition proposal

10th August 2016 4:24 pm GMT

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 proposalĀ 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 [...]

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