TSXV:NYX.DB - Post by User
Post by
stocksnbondson Jul 24, 2016 12:25pm
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Post# 25079635
Specifically a "Consortium" (Rank/888) looking to buy WH
Specifically a "Consortium" (Rank/888) looking to buy WHhttps://www.telegraph.co.uk/business/2016/07/24/gambling-groups-rank-and-888-in-takeover-bid-for-william-hill/
The consortium not a merger has until Aug 21 to make a bid according to the article.
The two are still smaller than WH so looks like WH needs to agree for a purchase.
It'll definitely be a reverse takeover if it goes ahead although WH is still in the driver's seat.
Lots of moving pieces here along with AYA and IT being in play.
sb