888 shares up amid reports of offer

888 Holdings, the UK-listed Internet gambling company that supplies services to Caesars Entertainment, rose the most in more than three months in London trading after reports that Ladbrokes is mulling an offer of more than 70 pence per share for the company.

888 gained 6.25 pence, or 14.5%, to 49.5 pence at the 4:30pm close in London, paring the decline in the stock this year to 5.25%.

Spokesmen for both companies declined to comment when contacted by Bloomberg.