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Deal Mania Under Way For 888, Rank, William Hill

By Tip TV (Nick Batsford)Stock MarketsJul 25, 2016 15:39

uk.investing.com/analysis/m-a:-deal-mania-under-way,-but-sab-miller-situation-doesn%EF%BF%BD%EF%BF%BD%EF%BF%BDt-look-good-200143874

Deal Mania Under Way For 888, Rank, William Hill

By Tip TV (Nick Batsford) | Jul 25, 2016 15:39

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In today’s M&A update, we discuss the top stories in the Mergers & Acquisitions industry with commentary on the recent deals and the ongoing speculation in the markets, with Ben Harrington, Business Journalist, BetaVille Blog, and Zak Mir, Technical Analyst at Zak’s Traders Cafe.

Key Quotes

“Deal mania – 888 Holdings (LON:888), Rank Group (LON:RNK), William Hill (LON:WMH) deal”

“SABMiller (LON:SAB) situation – That deal looks like it could be about to fall over…one of the largest MA takeovers about to fallout. What happened is sterling plunged since the referendum. That means two largest shareholders who were getting a cash in stock option now get more than other standard shareholders are getting. So there is growing discontent.”

“Rumors – Global Eagle Entertainment (NASDAQ:ENT) (US company doing in-flight entertainment system)..Chinese bidder circling around that.”

Original post

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