Caesars Entertainment Inc

+4.20 (+4.45%)
: $97.94 -0.63 (-0.64%)
Mergers / Acquisitions

Caesars Announces Recommended Cash Acquisition Of William Hill

Published: 09/30/2020 06:20 GMT
Caesars Entertainment Inc (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.