Original article by James Thomson, Jessica Gardner
The Australian Financial Review – Page: 13 & 18 : 16-Nov-15

Tabcorp Holdings and Tatts Group have both declined to comment on reports that they have held merger discussions. Shares in Tatts Group closed at $A3.92 on 13 November 2015, although Sandon Capital estimates that the stock could be worth around $A5.50 if Tatts were broken up. Tabcorp is seen as a potential buyer of Tatts’ wagering division, but some fund managers favour a merger between the two groups.

CORPORATES
TABCORP HOLDINGS LIMITED – ASX TAH, TATTS GROUP LIMITED – ASX TTS, SANDON CAPITAL INVESTMENTS LIMITED – ASX SNC, PERPETUAL LIMITED – ASX PPT, UNITAB LIMITED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, UBS HOLDINGS PTY LTD, ONTARIO TEACHERS’ PENSION PLAN, NSW LOTTERIES, WILLIAM HILL AUSTRALIA PTY LTD, LADBROKES GROUP PLC