William Hill shareholders give thumbs up to £2.9bn Caesars takeover
William Hill shareholders have voted resoundingly in favour of the company’s £2.9bn takeover by Caesars Entertainment.
Each of the resolutions were approved by the requisite majority of shareholders, with over 86% of the votes cast at the meetings in favor of the transaction.
Caesars and William Hill said they expected competition and regulatory approvals to be completed in the second quarter of 2021 and possibly as early as the end of March
“We are pleased to have received William Hill shareholder support for our recommended cash offer. We continue to work towards satisfying the remaining regulatory conditions and look forward to completing the transaction next year and integrating William Hill U.S. into our Caesars sports betting and iGaming franchise,” said Tom Reeg, CEO of Caesars Entertainment, Inc.