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William Hill plc (WMH.L)

LSE - LSE Delayed price. Currency in GBp
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271.800.00 (0.00%)
At close: 4:47PM BST
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  • William Hill gets court approval for $4 billion takeover by Caesars
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    William Hill gets court approval for $4 billion takeover by Caesars

    (Reuters) -Bookmaker William Hill moved closer to being taken over by Caesars Entertainment on Tuesday, saying it had gained approval in a British court for the 2.9 billion pound ($4 billion) deal, which was opposed by minority shareholder HBK. William Hill shares fell more than 2% to 271.9 pence at 1208 GMT after the bookmaker said in a statement that the so-called scheme of arrangement for the deal was likely to become effective on Thursday after it was permitted by the court. This approval followed a hearing last month, William Hill, which operates around 1,400 betting shops in Britain, added.