Caesars Entertainment Inc

NASDAQ:CZR   3:59:58 PM EDT
51.75
-2.94 (-5.38%)
4:19:00 PM EDT: $52.29 +0.54 (+1.04%)
Mergers / Acquisitions

Caesars Announces Recommended Cash Acquisition Of William Hill

Published: 09/30/2020 06:20 GMT
(CZR) - Caesars Entrtnmnt William Hill Plc - Recommended Cash Acquisition of William Hill Plc.
William Hill - Co, Caesars and Caesars Uk Bidco Are Pleased to Announce That They Have Reached Agreement on Terms of a Recommended Cash Acquisition.
William Hill - Acquisition Values Entire Issued and to Be Issued Share Capital of William Hill at Approximately £2.9 Billion.
William Hill - Intend to Recommend Unanimously and Unconditionally That William Hill Shareholders Vote in Favour of Scheme at Court Meeting.
William Hill - Caesars Intends to Integrate Whole of William Hill's US Business Into Caesars Group With Minimal, If Any, Impact on Employee Headcount.
William Hill - Intended That, Upon Completion of Acquisition, Each of Non-executive Members of William Hill Board Shall Resign From Their Office.
William Hill - Acquisition is Not Expected to Not Have Any Impact on Existing Business and Employees of Caesars.