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William Hill in merger talks with Amaya

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  1. #1

    Default William Hill in merger talks with Amaya

  2. #2
    Well that was short lived.

    http://www.reuters.com/article/us-am...-idUSKCN12I0EV
    http://www.bloomberg.com/news/articl...vestor-dissent

    Most reports say William Hill pulled out because of opposition from it's biggest shareholder despite the board's attempts to proceed.
    http://www.cityam.com/251519/william...-amaya-despite
    http://www.bbc.co.uk/news/business-37688066
    http://www.telegraph.co.uk/business/...older-dissent/


    Although Amaya had already mooted it preferred independence, despite having seriously entered the merger discussions.
    http://www.prnewswire.com/news-relea...597403801.html

    So in conclusion both Boards are left looking pretty weak and indecisive leaving their companies rife for aggressive takeover bids, so watch this space.

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