Will Hill and Probability Get Time Extension

Takeover and mergers panel grant more time for talks

Mobile gambling tech firm Probability plc and gambling giant William Hill plc got extension of time to continue talks initiated towards end of September, thanks to the panel that oversees the City Code on Takeovers and Mergers, as a promising sign of acquiring the deal.

The companies will have to announce until November 14 2011 a firm intention whether an offer will be made or not.

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