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More possible market consolidation (888 & William Hill) - Not yet confirmed.


Bart(UK)

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888 Holdings have confirmed rumours of an approach by William Hill who are looking to expand their online prescence. Obviously just one of those statutory stockmarket notifications and might or might not eventually lead to a takeover or merger. Rumours in British press suggest that whilst the board has tentatively accepted the proposal subject to due diligence, one of the original 888 founders is holding out for significantly more. Again possibly a bargaining position ploy and middle ground might be found.

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