By Reuters Staff
(Reuters) – Caesars Entertainment CZR.O said on Monday it would offer 30 million shares and intends to use the net proceeds to finance a portion its possible takeover of William Hill WMH.L. The company gave no indication on pricing of the offer.
The offer would be valued at $1.7 billion at Caesars closing price of $57.07 on Friday.read more
Caesars to offer 30 million shares to fund William Hill deal – Reuters Africa
