Caesars Entertainment to Acquire William Hill for £2.9 Billion

Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") and William Hill PLC (LSE: WMH) ("William Hill") are pleased to announce today that they have reached agreement on the terms of a recommended cash acquisition pursuant to which Caesars will acquire the entire issued and to be issued share capital of William Hill for approximately £2.9 billion (the "Acquisition"). The historic acquisition would bring together Caesars as one of the largest gaming-entertainment companies in the U.S.

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