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William Hill targets mobile gambling firm Probability

19th September 2011 7:56 am GMT

Following a number of changes to the Takeover Code which took effect this morning, mobile gambling specialist Probability plc has confirmed that it is in preliminary discussions with bookmaker William Hill over a potential acquisition of the company, while Ladbrokes has until October 17th to make an offer for online gaming operator Sportingbet.

The new amendments took effect this morning requiring potential bidders to announce a firm intention to make an offer, or otherwise, within 28 days [...]

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