February 10, 2015 | One of the United Kingdom’s largest bookmakers, William Hill is in talks to buy 888 Holdings, the Israeli online gambling company, for £750 million (approx. $1.14 billion), according to reports. The “London Times” reported that a framework agreement had been reached between the two companies to sell 888 at £2.10 a share. While both William Hill and 888 declined to comment on the reports, 888’s shares were up 23 percent to £1.73 per share following the reports. 888 Holdings was founded in 1997.
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