William Hill: Caesars Palace-owner in 'Advanced' Talks over ₤ 2.9 Bn Offer William Hill: Caesars Palace-owner in 'advanced' talks over ₤ 2.9 bn offer Caesars Entertainment, the Las Vegas casino-owner, says it remains in advanced takeover talks with William Hill over a possible ₤ 2.9 bn quote for the bookmaker. The US firm said William Hill's board had actually indicated it is minded to advise its money deal of 272p a share. William Hill has actually likewise received a takeover method from US personal equity company Apollo. But Caesars stated if William Hill chose Apollo, it would jeopardise a joint venture in between the business. Caesars primary executive Tom Reeg stated: "The opportunity to combine our land based-casinos, sports betting and online video gaming in the US is a truly exciting prospect. "William Hill's sports wagering expertise will match Caesars' existing offering, allowing the combined group to better serve our clients in the quick growing US sports wagering and online market." On Friday, William Hill verified that it had actually gotten 2 takeover techniques, which sent its share cost skyrocketing by 42% to 312p. Caesars stated its deal was nearly 58% greater than William Hill's share cost on the day before the US company made its first technique on 2 September. It added it was likewise above the betting business's share rate on Thursday last week, before its disclosure of the two methods caused its share cost to surge. But David Cumming, primary investment officer for equities at Aviva Investors, stated offers for William Hill might outstrip the 312p level its shares ended at on Friday.