Wynn Resorts Stock Falls as It Nixes Possible Takeover of Crown Resorts - Barron's

Wynn Resorts stock had a turbulent morning on Tuesday, as reports of a possible takeover of Crown Resorts led Wynn to say it was terminating those discussions.

Australia-based Crown Resorts had said the companies were discussing a 50% cash, 50% stock proposal totalling $7.1 billion. Wynn stock was already down Tuesday morning on news of the potential deal before Wynn nixed it.

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https://www.barrons.com/articles/wynn-resorts-stock-crown-takeover-51554820177

2019-04-09 14:30:00Z
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