Tatts and Tabcorp set to join forces

Australia's two largest wagering businesses have proposed to merge, but not how we had hoped.

And they say you can’t time the market. Two days ago, in There’s a Lott to like about Tatts, we said ‘Potential merger talks have surfaced on at least three occasions over the past 10 years, but they have always ended over price rather than a lack of strategic merit, which gives us hope that a deal will one day be struck.’

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