{"id":21,"date":"2024-06-11T01:03:57","date_gmt":"2024-06-10T22:03:57","guid":{"rendered":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/"},"modified":"2024-06-12T10:43:04","modified_gmt":"2024-06-12T07:43:04","slug":"888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words","status":"publish","type":"post","link":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/","title":{"rendered":"888 and Rank Group&#8217;s Bid for William Hill Rejected in War of Words"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/OgoEPs3FxaM\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>888s Chief Executive, Eyal Shaked, utilized Twitter to voice his disapproval of William Hill\u2019s hubris in declining a combined acquisition proposal from 888 and Rank Group. He posits that this choice will prove detrimental to William Hill.<\/p>\n<p>The suggested arrangement, as detailed by the Financial Times, presented a figure of 364 pence per share, assessing the company\u2019s worth based on 888 and Rank\u2019s share values as of August 5th. William Hill\u2019s Chairman, Gareth Davis, rebuffed the proposition as \u201chighly exploitative,\u201d emphasizing that it would result in William Hill stakeholders holding a mere 44.6% ownership in the unified entity.<\/p>\n<p>Davis contended that amalgamating with 888 and Rank would not bolster William Hill\u2019s strategic standing nor yield superior returns for stakeholders in comparison to their existing autonomous approach.<\/p>\n<p>Shaked, conversely, publicly retorted via Twitter, asserting that William Hill\u2019s refusal of the \u00a33.16 billion agreement was a grave misstep fueled by pure vanity. He insinuated that 888 investors were prepared to commit additional capital and this denial signified the culmination of their pursuit of William Hill.<\/p>\n<p>This is not the initial instance of these corporations engaging in merger discussions. In the preceding year, William Hill endeavored to procure 888, but the transaction, purportedly valued around \u00a37 billion, dissolved due to discontent with the appraisal from a pivotal 888 shareholder. <\/p>\n<p>Davis posted on X, stating, \u201cTwelve months ago, it was \u2018majority investors choosing greater profits,\u2019 now it\u2019s an advantageous proposition. Until next year\u2026\u201d This open expression of discontent exposes the strain surrounding the suggested amalgamation. <\/p>\n<p>Rank and 888, in their shared announcement, attempted to alleviate concerns, highlighting the \u201cattractive value generation prospect\u201d for William Hill and its stakeholders. They conveyed enthusiasm to collaborate with the William Hill board to finalize an agreement.  They are convinced the union would establish a dominant force in the UK and international gaming sectors, encompassing everything from sports wagering and gambling establishments to card games and lottery-style games. <\/p>\n<p>Nevertheless, with William Hill and 888 openly dissenting, and Davis plainly declaring that a three-way merger wouldn\u2019t enhance value, the route ahead is unclear.  Further complicating matters, William Hill is presently without a chief executive following James Henderson\u2019s departure in July.  It remains uncertain whether they\u2019ll prioritize selecting a new head before any prospective acquisition, or if the strategy involves Rank CEO Henry Birch (former William Hill Online CEO) or 888 CEO Itai Frieberger assuming leadership. <\/p>\n<p>In order to maintain their competitive edge, William Hill and 888 Holdings must act swiftly and reach an agreement with Rank Group before competitors seize the opportunity. The gambling sector is inevitably moving towards consolidation, regardless of their preferences.  Moreover, William Hill acknowledged that a three-company merger would present significant logistical challenges, with minimal indication of its potential success. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>888s Chief Executive, Eyal Shaked, utilized Twitter to voice his disapproval of William Hill\u2019s hubris in declining a combined acquisition proposal from 888 and Rank Group. He posits that this choice will prove detrimental to William Hill. The suggested arrangement, as detailed by the Financial Times, presented a figure of 364 pence per share, assessing [&hellip;]<\/p>\n","protected":false},"author":69,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>888 CEO Slams William Hill for Rejecting Takeover Bid<\/title>\n<meta name=\"description\" content=\"Eyal Shaked takes to Twitter to criticize William Hill\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"888 and Rank Group&#039;s Bid for William Hill Rejected in War of Words\" \/>\n<meta property=\"og:description\" content=\"Eyal Shaked takes to Twitter to criticize William Hill\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/\" \/>\n<meta property=\"og:site_name\" content=\"Indulge in a Thrilling Casino Adventure | Licensed &amp; Trusted\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-10T22:03:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-12T07:43:04+00:00\" \/>\n<meta name=\"author\" content=\"Camila &quot;Crimson&quot; Phelps\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Camila &quot;Crimson&quot; Phelps\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/\",\"url\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/\",\"name\":\"888 CEO Slams William Hill for Rejecting Takeover Bid\",\"isPartOf\":{\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/#website\"},\"datePublished\":\"2024-06-10T22:03:57+00:00\",\"dateModified\":\"2024-06-12T07:43:04+00:00\",\"author\":{\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/#\/schema\/person\/a5dcb63fb15e01279bdcfd9a46f4ebe2\"},\"description\":\"Eyal Shaked takes to Twitter to criticize William Hill\",\"breadcrumb\":{\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"888 and Rank Group&#8217;s Bid for William Hill Rejected in War of Words\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/#website\",\"url\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/\",\"name\":\"Indulge in a Thrilling Casino Adventure | Licensed &amp; Trusted\",\"description\":\"Discover a world of exciting opportunities in online gambling with our regularly updated news, comprehensive reviews, and expert articles. Our licensed casino is your trusted partner.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/#\/schema\/person\/a5dcb63fb15e01279bdcfd9a46f4ebe2\",\"name\":\"Camila \\\"Crimson\\\" Phelps\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-content\/uploads\/sites\/73\/2024\/06\/woman-avatar-96x96.png\",\"contentUrl\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-content\/uploads\/sites\/73\/2024\/06\/woman-avatar-96x96.png\",\"caption\":\"Camila \\\"Crimson\\\" Phelps\"},\"description\":\"With a Bachelor's degree in Mathematics and a Master's in International Relations, this skilled writer has a passion for using mathematical modeling and game theory to understand the geopolitical and economic factors shaping the global casino industry and to develop strategies for international cooperation and conflict resolution. They have expertise in decision theory, international political economy, and diplomacy, which they apply to the analysis of the cross-border flows of gambling capital and the development of international regulatory frameworks and dispute resolution mechanisms. Their articles and reviews provide readers with a global perspective on the casino industry and the strategies used to navigate the complex and dynamic international gambling landscape.\",\"url\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/author\/87696ijhfngbsa4\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"888 CEO Slams William Hill for Rejecting Takeover Bid","description":"Eyal Shaked takes to Twitter to criticize William Hill","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/","og_locale":"en_GB","og_type":"article","og_title":"888 and Rank Group's Bid for William Hill Rejected in War of Words","og_description":"Eyal Shaked takes to Twitter to criticize William Hill","og_url":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/","og_site_name":"Indulge in a Thrilling Casino Adventure | Licensed &amp; Trusted","article_published_time":"2024-06-10T22:03:57+00:00","article_modified_time":"2024-06-12T07:43:04+00:00","author":"Camila \"Crimson\" Phelps","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Camila \"Crimson\" Phelps","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/","url":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/","name":"888 CEO Slams William Hill for Rejecting Takeover Bid","isPartOf":{"@id":"https:\/\/dreamcasinonodepositbonuscode.icu\/#website"},"datePublished":"2024-06-10T22:03:57+00:00","dateModified":"2024-06-12T07:43:04+00:00","author":{"@id":"https:\/\/dreamcasinonodepositbonuscode.icu\/#\/schema\/person\/a5dcb63fb15e01279bdcfd9a46f4ebe2"},"description":"Eyal Shaked takes to Twitter to criticize William Hill","breadcrumb":{"@id":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/11\/888-and-rank-groups-bid-for-william-hill-rejected-in-war-of-words\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/dreamcasinonodepositbonuscode.icu\/"},{"@type":"ListItem","position":2,"name":"888 and Rank Group&#8217;s Bid for William Hill Rejected in War of Words"}]},{"@type":"WebSite","@id":"https:\/\/dreamcasinonodepositbonuscode.icu\/#website","url":"https:\/\/dreamcasinonodepositbonuscode.icu\/","name":"Indulge in a Thrilling Casino Adventure | Licensed &amp; Trusted","description":"Discover a world of exciting opportunities in online gambling with our regularly updated news, comprehensive reviews, and expert articles. Our licensed casino is your trusted partner.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dreamcasinonodepositbonuscode.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/dreamcasinonodepositbonuscode.icu\/#\/schema\/person\/a5dcb63fb15e01279bdcfd9a46f4ebe2","name":"Camila \"Crimson\" Phelps","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/dreamcasinonodepositbonuscode.icu\/#\/schema\/person\/image\/","url":"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-content\/uploads\/sites\/73\/2024\/06\/woman-avatar-96x96.png","contentUrl":"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-content\/uploads\/sites\/73\/2024\/06\/woman-avatar-96x96.png","caption":"Camila \"Crimson\" Phelps"},"description":"With a Bachelor's degree in Mathematics and a Master's in International Relations, this skilled writer has a passion for using mathematical modeling and game theory to understand the geopolitical and economic factors shaping the global casino industry and to develop strategies for international cooperation and conflict resolution. They have expertise in decision theory, international political economy, and diplomacy, which they apply to the analysis of the cross-border flows of gambling capital and the development of international regulatory frameworks and dispute resolution mechanisms. Their articles and reviews provide readers with a global perspective on the casino industry and the strategies used to navigate the complex and dynamic international gambling landscape.","url":"https:\/\/dreamcasinonodepositbonuscode.icu\/author\/87696ijhfngbsa4\/"}]}},"_links":{"self":[{"href":"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-json\/wp\/v2\/posts\/21"}],"collection":[{"href":"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-json\/wp\/v2\/users\/69"}],"replies":[{"embeddable":true,"href":"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-json\/wp\/v2\/comments?post=21"}],"version-history":[{"count":1,"href":"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-json\/wp\/v2\/posts\/21\/revisions"}],"predecessor-version":[{"id":32,"href":"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-json\/wp\/v2\/posts\/21\/revisions\/32"}],"wp:attachment":[{"href":"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-json\/wp\/v2\/media?parent=21"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-json\/wp\/v2\/categories?post=21"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dreamcasinonodepositbonuscode.icu\/wp-json\/wp\/v2\/tags?post=21"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}