Why the Tabcorp (ASX:TAH) share price is falling today
Tabcorp Holdings Limited (ASX: TAH) shares slipped today after the company announced a strategic review of its operations. At the close of trade today, the Tabcorp share price was trading at $4.69, down 2.7%
Let’s take a closer look at what the company announced.
Tabcorp share price slides after update
In early February, the Tabcorp share price went flying when news began circulating about a potential buyout of part of the gaming giant’s business. A media report in The Australian revealed that Tabcorp received a proposal to break up the $9 billion betting company. However, despite a release at the time stating the company was assessing the proposals and would update the market in due course, Tabcorp has remained…