By John McCarthy

Bookmaker William Hill has revealed that it has received a merger bid from a consortium composed of 888 and Rank.

Highly preliminary talks have been launched to merge the trio into greater scale business capable of combating competitors including the newly merged Paddy Power/Betfair and Ladbrokes’ combination with Coral in 2015.

The company said: “The Board of William Hill would listen to and consider any proposal which might be forthcoming from the consortium. However, it is not clear that a combination of William Hill with 888 and Rank will enhance William Hill’s strategic positioning or deliver superior value Read full story ›

Source: The Drum