Headline article in the Weekend Australian. First paragraph of the story reads as follows: "Australian wagering majors Tabcorp and Tatts Group are poised to create a $9.4 billion gaming behemoth with takeover talks escalating this week and a bid tipped to be imminent". Another statement says "If the deal was to be a merger of equals, Tatts shareholders would have 58% in the combined entity with Tabcorp shareholders holding 42 per cent". Interesting times ahead!
TTS Price at posting:
$3.92 Sentiment: Hold Disclosure: Held
