William Hill Sportsbook is listening to offers from multiple groups about a takeover right now. Joshua Harris’ Apollo Management and Caesars Entertainment Inc. are two such groups that have made cash proposals to William Hill Sportsbook already according to Bloomberg.
“William Hill has received separate cash proposals from the two groups, it said in a statement Friday after Bloomberg News reported on the Apollo approach. Talks are ongoing and there is no certainty that a formal offer will be made, William Hill said.”
Apollo is said to have made a cash advance on Aug.