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Tatts merger could squeeze call centres and marketing divisions, say analysts - Courier Mail;

Tatts merger could squeeze call centres and marketing divisions, say analysts - Courier Mail

Courier MailTatts merger could squeeze call centres and marketing divisions, say analystsCourier MailCOST cuts from the merger of Tatts and Tabcorp could fall on call centres and marketing divisions at the gaming companies' wagering divisions, according to analysts. Brisbane-based Tatts this week agreed to a takeover from Melbourne-based Tabcorp in an ...and more »

Tabcorp and Tatts Merger to Create Aussie Betting Super Power - Casino.Org News;

Tabcorp and Tatts Merger to Create Aussie Betting Super Power - Casino.Org News

Casino.Org NewsTabcorp and Tatts Merger to Create Aussie Betting Super PowerCasino.Org NewsTabcorp Chairman Paula Dywer said the deal would be goof not just for shareholders but also the racing industry, business partners, customers, and governments. (Image: Dominic Lorrimer). Tabcorp and Tatts, Australia's two biggest homegrown betting ...and more »

Tatts Shareholders Win In Tabcorp Merger - ShareCafe (registration)

Tatts Shareholders Win In Tabcorp MergerShareCafe (registration)Tatts (TTS) shareholders were the big winners yesterday from the proposed $11.3 billion merger with rival Tabcorp (TAH). Melbourne-based Tabcorp has agreed to pay a 20% premium for each Tatts share and the combined company will launch a $500 ...and more »

Tabcorp, Tatts agree A$11bn merger - Gambling Insider - In-depth Analysis for the Gaming Industry

Tabcorp, Tatts agree A$11bn mergerGambling Insider - In-depth Analysis for the Gaming IndustryAustralian gambling giants Tabcorp Holdings and Tatts Group have unveiled the terms of a merger to create a A$11.3bn wagering powerhouse. Shares in the two companies were placed in a trading halt on Tuesday morning, “pending an announcement in ...and more »

Tatts and Tabcorp merger is compelling for shareholders - Herald Sun;

Tatts and Tabcorp merger is compelling for shareholders - Herald Sun

Herald SunTatts and Tabcorp merger is compelling for shareholdersHerald SunThe merger is not just compelling for the most obvious winners — the shareholders in the target Tattersalls. They get a trio of goodies — a higher price for their shares upfront, the benefits of a special dividend and then the majority slice of the ...and more »

ASX rises as gaming megamerger lifts spirits - The Sydney Morning Herald;

ASX rises as gaming megamerger lifts spirits - The Sydney Morning Herald

The Sydney Morning HeraldASX rises as gaming megamerger lifts spiritsThe Sydney Morning HeraldShares closed firmer on Wednesday, driven by hopes of further merger activity following the $11.3 billion tie-up between Tatts and Tabcorp. Investors digested a slew of equities news, while consumer discretionary stocks led the bourse higher, followed ...and more »

Tatts shareholders eye windfall in merger with gaming giant Tabcorp - Courier Mail;

Tatts shareholders eye windfall in merger with gaming giant Tabcorp - Courier Mail

Courier MailTatts shareholders eye windfall in merger with gaming giant TabcorpCourier MailTABCORP has no immediate plans to sell off the Tatts lotteries business but has not ruled it out down the track. The call came as Melbourne-based Tabcorp yesterday tabled plans to buy Brisbane-based Tatts and create an $11.3 billion betting powerhouse ...and more »

Australia gambling giants Tabcorp and Tatts plan merger - BBC News;

Australia gambling giants Tabcorp and Tatts plan merger - BBC News

BBC NewsAustralia gambling giants Tabcorp and Tatts plan mergerBBC NewsTwo of Australia's biggest bookmakers plan to merge, as they try to compete against the rise of online betting. Tabcorp and Tatts Group - the country's largest non-casino gambling firms - hope to form a business worth A$11.3bn ($7.1bn; £8.7bn). But the ...and more »

Tabcorp, Tatts bet on $11.3b mega-merger - SBS;

Tabcorp, Tatts bet on $11.3b mega-merger - SBS

SBSTabcorp, Tatts bet on $11.3b mega-mergerSBSTabcorp and Tatts will merge into a single $11.3 billion gaming giant with annual revenue of more than $5 billion and a grip on Australian tote betting. Source: AAP. 19 Oct 2016 - 3:48 PM UPDATED 19 Oct 2016 - 3:48 PM ...and more »

Tattersalls a red-hot tip to join forces with Tabcorp - Herald Sun;

Tattersalls a red-hot tip to join forces with Tabcorp - Herald Sun

Herald SunTattersalls a red-hot tip to join forces with TabcorpHerald SunTABCORP and Tatts will announce as soon as this morning they are joining forces, industry experts believe, in a move creating a $10 billion betting powerhouse. Shares in both gaming companies were put in a trading halt on Tuesday amid frenzied ...and more »

Tabcorp Said to Offer Premium for $4 Billion Betting Firm Tatts - Bloomberg;

Tabcorp Said to Offer Premium for $4 Billion Betting Firm Tatts - Bloomberg

BloombergTabcorp Said to Offer Premium for $4 Billion Betting Firm TattsBloombergTabcorp Holdings Ltd. plans to offer at least a 10 percent premium to Tatts Group Ltd. investors, as it makes another attempt at a combination of the two Australian betting companies, people with knowledge of the matter said. An agreed deal may be ...and more »

Tabcorp, Tatts revive merger speculation - NEWS.com.au

Tabcorp, Tatts revive merger speculationNEWS.com.auWagering giants Tabcorp and Tatts Group have revived the likelihood of a merger that would create a $9 billion gambling behemoth, less than a year after first failing to reach a deal. Shares in the two companies were placed in a trading halt on Tuesday ...and more »

Tabcorp and Tatts in talks to create $10 billion gaming behemoth - The Sydney Morning Herald;

Tabcorp and Tatts in talks to create $10 billion gaming behemoth - The Sydney Morning Herald

The Sydney Morning HeraldTabcorp and Tatts in talks to create $10 billion gaming behemothThe Sydney Morning HeraldWagering giants Tabcorp Holdings and Tatts Group are again pursuing merger talks that would create a $10 billion gaming behemoth. The two companies requested trading halts on Tuesday morning to review a scheme of arrangement proposal. SHAREand more »

Tabcorp, Tatts in merger talks - Punters.com.au

Tabcorp, Tatts in merger talksPunters.com.auA merger between Tabcorp and Tatts Group is back on the cards with both companies announcing a trading halt on Tuesday. The two parties were in talks last year regarding a potential merger, but the deal broke down in November after they were unable to ...and more »

Analysts weigh into Tabcorp/Tatts; capital mgt, ACCC, synergies - The Australian Financial Review

Analysts weigh into Tabcorp/Tatts; capital mgt, ACCC, synergiesThe Australian Financial ReviewTabcorp chair Paula Dwyer and Tatts Group chair Harry Boon will be side-by-side on Tabcorp's board should the $11.3 billion merger be successful. Jesse Marlow. by; Sarah Thompson · Anthony Macdonald · Joyce Moullakis. Tabcorp's new targeted gearing ...and more »

Tabcorp, Tatts hunt goes global - Business News

Tabcorp, Tatts hunt goes globalBusiness NewsA combined Tabcorp and Tatts Group $11.3 billion wagering giant will have the firepower to hunt for acquisitions and bid aggressively for lotteries and wagering contracts overseas, and take on the international bookmakers who have wreaked havoc in the ...and more »

Tatts-Tab merger compelling for shareholders - Courier Mail;

Tatts-Tab merger compelling for shareholders - Courier Mail

Courier MailTatts-Tab merger compelling for shareholdersCourier MailThe merger is not just compelling for the most obvious winners — the shareholders in the target Tatts. They get a trio of goodies — a higher price for their shares upfront, the benefits of a special dividend and then the majority slice of the ongoing ...and more »

Australian Gambling Cos. Tabcorp, Tatts Ink $4.9B Tie-Up - Law360 (subscription)

Australian Gambling Cos. Tabcorp, Tatts Ink $4.9B Tie-UpLaw360 (subscription)Law360, New York (October 19, 2016, 1:44 PM EDT) -- Australia's Tabcorp Holdings Ltd. unveiled a A$6.37 billion ($4.88 billion) cash-and-stock takeover of rival Tatts Group Ltd. on Wednesday, bringing together the two gambling businesses to form a ...and more »

Australian gambling giants to merge - Taipei Times;

Australian gambling giants to merge - Taipei Times

Taipei TimesAustralian gambling giants to mergeTaipei TimesAustralian gambling giants Tabcorp Holdings Ltd and Tatts Group Ltd yesterday announced a merger to create an A$8.6 billion (US$6.6 billion) powerhouse taking bets on horse racing and sports events across the nation. The listed firms, who have pursued ...and more »

Aussie Gaming Companies Tabcorp, Tatts Group Announce $11 Billion Merger - Paulick Report

Aussie Gaming Companies Tabcorp, Tatts Group Announce $11 Billion MergerPaulick ReportAustralian betting firm Tabcorp Holdings announced Wednesday that it would purchase fellow betting firm Tatts Group in a deal valued at AUS$11 billion (US$4.9B). According to the website Punters.com, the merger is expected to bring in at least “AUS$50 ...and more »