American casino operator Caesars Entertainment Incorporated has announced that its proposed $3.7 billion takeover of William Hill has been approved by the British sportsbetting giant’s shareholders.
The Reno-headquartered casino behemoth used an official Thursday press release to declare that the envisioned acquisition was recently backed by 86% of those holding shares in William Hill, which was easily above a required 75% threshold, and is now expected to be definitively concluded by the end of March ‘subject to the satisfaction of the remaining outstanding regulatory conditions and final approval of the English court.’
Continuing communication:
Tom Reeg serves as Chief Executive Officer for Caesars Entertainment Inc…