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Shares in 888 surge on Times report of William Hill bid interest

Reuters - UK Focus

LONDON, Feb 10 (Reuters) - Shares (Berlin: DI6.BE - news) in 888 Holdings jumped over 20 percent on Tuesday after the Times newspaper reported that William Hill (Other OTC: WIMHY - news) had held advanced talks over a 750 million pound ($1.14 billion) takeover of the online gambling company.

The report said the two companies had reached a preliminary agreement over a 210 pence a share offer.

Both 888 and William Hill declined to commment.

($1 = 0.6566 pounds) (Reporting by Neil Maidment; editing by Kate Holton)