Wynn Resorts walks away from talks on a potential $7.1 billion bid for Crown Resorts, citing premature disclosure of the talks
Wynn Resorts Ltd. abruptly called-off discussions over a potential $7.1 billion offer for Australia’s Crown Resorts Ltd. Tuesday, saying the takeover target had prematurely disclosed their talks.
Less than a day after Crown Resorts surprised industry watchers by announcing that Wynn Resorts had offered 14.75 Australian dollars a share, Wynn took the deal off the table.Angela Saxton, a former spa attendant at The Mirage in Las Vegas, said an executive warned her against complaining about an alleged sexual assault by Steve Wynn. Photo: Bridget Bennett for The Wall Street Journal
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