Caesars' possible cash offer values william hill at about 2.9 bln pounds

Caesars entrtnmnt william hill plc - statement regarding a possible offer.possible cash offer william hill shareholders would be entitled to receive: for each william hill share 272 pence in cash.possible cash offer values entire issued and to be issued share capital of william hill at approximately £2.9 billion.caesars is today announcing an equity capital raise.william hill board indicated to caesars that possible cash offer is at price they would be minded to recommend to shareholders .caesars plans to use proceeds of raise, with existing cash & $2.0 billion of new non-recourse debt facilities, to fund possible offer.
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