William Hill Bid in Balance as $4 Billion Offer Rejected AgainBy
Suitors improve stock element of proposal for U.K. bookmaker
William Hill shares drop on concern 888, Rank may walk away
William Hill Plc rejected an increased 3.1 billion-pound ($4 billion) offer from 888 Holdings Plc and Rank Group Plc, showing the bidders face a difficult task in persuading the U.K.’s biggest bookmaker to negotiate a takeover ahead of a looming deadline.
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