In a brief statement, Wynn said the deal was off because it had been prematurely disclosed to the Australian sharemarket. Crown shares rocketed 21 percent on news of the potential takeover.
Here's my analysis from AM
Wednesday, April 10, 2019
Packer casino sale shelved as Wynn Resorts pulls $10b deal
Wynn Resorts has abruptly terminated its proposed $10 billion deal by buy James Packer's Crown casino empire.
In a brief statement, Wynn said the deal was off because it had been prematurely disclosed to the Australian sharemarket. Crown shares rocketed 21 percent on news of the potential takeover.
Here's my analysis from AM
In a brief statement, Wynn said the deal was off because it had been prematurely disclosed to the Australian sharemarket. Crown shares rocketed 21 percent on news of the potential takeover.
Here's my analysis from AM
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