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Caesars in advanced talks with William Hill over $3.7 billion bid

Sept 28 (Reuters) - U.S. casino operator Caesars Entertainment said on Monday it was in advanced talks with William Hill about a possible cash offer that values the British bookmaker at about 2.9 billion pounds ($3.70 billion).

Caesars’ offer value would give each William Hill shareholder 272 pence per share. ($1 = 0.7832 pounds) (Reporting by Tanishaa Nadkar in Bengaluru; Editing by Ramakrishnan M.)

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