Casino Choice UK News Archive
William Hill Merger Talks Come to a Halt
According to reports the move was blocked because the two companies have very different ratings on the stock exchange - William Hill has a low rating while Rank has a high rating.
Nevertheless industry experts say there is still a good chance the two groups will be able to come to an agreement some time in there future.
Earlier this year Gala – the casino giant – acquired Coral, Britain’s third largest bookmaker, to create a huge and powerful betting and gaming company. Any merger between William Hill and Rank would hope to challenge this giant.
Nevertheless industry experts say there is still a good chance the two groups will be able to come to an agreement some time in there future.
Earlier this year Gala – the casino giant – acquired Coral, Britain’s third largest bookmaker, to create a huge and powerful betting and gaming company. Any merger between William Hill and Rank would hope to challenge this giant.
Submitted: 2005/12/20 at 09:30:05
