Gambling

Caesars Buys William Hill

In a move that’s guaranteed to shake the gaming business, Caesars purchases William Hill for near $4 billion. The price was announced now, as investors of the British bookmaker will get a 25% top using a final share price of 217.60 pence. Both firms said on Monday they had been in advanced talks over a possible deal at 272 pence for every William Hill discuss, and also the U.K. firm said was “minded” to recommend for its shareholders. “William Hill’s sports gambling expertise will match Caesars’ present offering, allowing the joint team to help serve our clients…