Tabcorp (ASX:TAH) share price falls as demerger speculation continues

Tabcorp Holdings Limited (ASX: TAH) shares edged lower today as rumours continue circulating about a potential demerger. By the market’s close, the Tabcorp share price finished the day trading 0.22% lower at $4.60. In contrast, the S&P/ASX 200 Index finished Friday’s session 0.79% higher.

Tabcorp might take a punt on a successful demerger

The Australian reported yesterday that Tabcorp will be moving forward with a strategic review to assess a demerger of its wagering and media unit from its lotteries arm. Speculation of the move has been rife for at least a month. The newspaper claims as many as three bidders are keen to make a…