William Hill Bid in Balance as $4 Billion Offer Rejected Again

  • Suitors improve stock element of proposal for U.K. bookmaker
  • William Hill shares drop on concern 888, Rank may walk away

Rank Group and 888 Lose William Hill Takeover Bid

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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