Australia's Tatts says KKR-backed takeover offer inferior to Tabcorp bid
April 27, 2017 at 18:41 PM EDT
SYDNEY, April 28 (Reuters) - Australian lottery operator Tatts Group on Friday said a A$6.15 billion cash takeover offer from a consortium backed by U.S. private equity giant KKR & Co was not superior to a cash-and-scrip bid from Tabcorp Holdings.
