William Hill Agrees To Caesars Takeover Bid

  • Caesars to focus on US assets, divest the rest
  • William Hill calls the bid its "best option" 
  • Analysts say price could have gone higher

William Hill said its board has "unanimously and unconditionally" agreed to the £2.9bn offer made by its US partner, Caesars Entertainment. 

The statement makes clear that Caesars will focus on US operations and divest the remainder of the company, as William Hill promised to work with the US company to "to find suitable partners to further the long-term growth prospects of these businesses".

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