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Will Hill shares hit new high as Probability talks continue

17th October 2011 8:30 am GMT

Mobile gambling specialist Probability plc and UK bookmaker William Hill have been granted more time to reach a potential takeover agreement, with shares in William Hill rising on the news to a new 52-week high.

Probability said Monday that following a joint submission with William Hill, the two companies have been granted an extension pursuant to Rule 2.6(c) of the City Code on Takeovers and Mergers in order to reach agreement.

William Hill was originally required to [...]

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