It’s been all but a done-deal for many months, but the Caesars’ William Hill buy out has finally wrapped up. The $4 billion acquisition process got started in September of last year. The purchase of Will Hill seems to have been a strategic move by Caesars to improve their position in the United States. All indications are that the company will now attempt to liquidate William Hill’s international assets. “We are thrilled to complete the acquisition of William Hill,” said Tom Reeg, Caesars CEO, “…combining two of the premier operations in the sports betting and iGaming industries under one roof.”…

In a move that is sure to shake up the gambling industry, Caesars buys William Hill for close to $4 billion. The deal was announced today, as shareholders of the British bookmaker will receive a 25% premium with a closing share price of 217.60 pence. The two companies said on Monday that they were in advanced talks over a possible offer at 272 pence for each William Hill share, which the U.K. company said was “minded” to recommend to its shareholders. ““William Hill’s sports betting expertise will complement Caesars’ current offering, enabling the combined group to better serve our customers…