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Following the announcement that Wynn Resorts ( WYNN ) is in talks with Crown Resorts ( CWLDY ), shares of Crown Resorts rose 20% to A$14.05. The proposed deal would imply a value of A$14.75 per share with the exchange ratio being fixed, using a volume weighted average price ('VWAP') for Wy...
Wynn Resorts (NASDAQ: WYNN ) has cut off all talks with Crown Resorts ( OTCPK:CWLDF ) about a merger after the deal talks leaked to the media, according to CNBC. More news on: Wynn Resorts, Limited, Crown Resorts Ltd., Consumer stocks news, Global news and forex, Stocks on the move Re...
Today's Top Stories: U.S. turns up trade heat on Europe; another cloudy outlook from the IMF; and May, Merkel, Macron. If you are interested in listening to Wall Street Breakfast to start your day, look for us in the following places: iTunes (find all Seeking Alpha Podcasts he...
Union Gaming sees the M&A interest by Wynn Resorts (NASDAQ: WYNN ) in Crown Resorts ( OTCPK:CWLDF ) as part of a "get bigger or get bought" mentality. More news on: Wynn Resorts, Limited, Crown Resorts Ltd., Consumer stocks news Read more ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify (click the highlighted links). Dow futures remain at the flatline, while the euro struggles for direction, as the Trump administrat...
Wynn Resorts (NASDAQ: WYNN ) has offered to buy Australia's Crown Resorts ( OTCPK:CWLDF ) for ~A$10B (US$7.1B) in a 50-50 cash and stock deal. More news on: Wynn Resorts, Limited, Crown Resorts Ltd., Merger & acquisition news, Read more ...