Member Info for WM2020

Today was their results day....up 41% since Thursday close.

Thay must have been good beer Novice, IMHO not a chance, Apollo and Caesers have been bedfellows previously, didn't end well.

There is history between Caesars and Apollo, Apollo and a bunch of other PE firms used to own Caesars a few years back, obvs Caesars dont want to go back there. Would be like getting back with an ex girlfriend, an ex for a reason....

From reading the RNS Caesars can terminate the US joint venture agreement if they dont like a potential bidder...Caesars is the only winner here at a derisory low ball offer. Not a good start to the week.

A close date for a takeover to be completed would be out in 2021.

A formal offer has to be made within 28 days of today by Caesars or Apollo or they walk away. Board has to consider it, if they consider it to be worthy, board has to put offer to the shareholders for consideration. Formal process can take a few months, enjoy the fun!!!

GVC up 9%, WMH up 34%, puts it in context.....

Novice, enjoy your beers tonight, what a Friday!!

And I posted yesterday that there would not be a takeover, just goes to show what I know, enjoy the rise folks, reckon it's going to go higher.

Can't see a tekeover coming, no US entity would ever want the UK retail shops. Spin off of the USA business is the most likely, hard to see a buyer taking whats left after that.

Hoarse, where did you come up with 1.2 billion of debt from?

Guys, think this is the uncrossing trade at closing auction and not a total fund investment, GLA.

WMH ADRs up 6.1% in the US, hope London price reflects this tomorrow, GLA.

More like it will probably have lost today's gains by Tuesday or Wednesday....

I think Finley is referring to BATs (British American Tobacco) with the £30 valuation, prob posted to wrong thread. Surely can't think that LGEN would get to that price level...

Labour day in the US, markets closed today.

Morbox, a few years ago Verizon bought out Vodafone's US wireless business, Vodafone shareholders got Verizon shares. From a tax perspective did have to complete a W8BEN form, entitles foreign shareholders to pay a reduced rate of w/h tax on dividends (15% as opposed to 30%) and 0% withheld on share sales. From what I recall it was fairly seamless exercise, shares were held in a nominee account but once deal done you could transfer to your own broker.

I would think ITV is small change to Goldman Sachs, making bigger money elsewhere.

Dividend details can be found on the shareholder centre section on the WMH corporate website.

William Hill ADRs (WIMHY) trade on the OTC market, don't trade on a traditional exchange in the US.