Rank And 888 Submit Offer For William Hill

Casino giant Rank and online operator 888 have made a formal £3.6bn offer for a three-way merger with the high street bookmaker William Hill (Other OTC: WIMHF - news) . William Hill's board are reviewing the offer, before a formal response is released to the stock market. It stated that it was "not clear that a combination of William Hill with 888 and Rank will enhance William Hill's strategic positioning or deliver superior value to William Hill's strategy which is focused