Crown Resorts

U.S.-based casino operator Wynn Resorts, Limited (NASDAQ: WYNN) called off merger talks with Australia's CROWN RESORTS L/ADR (OTC: CWLDY), but one expert says talks will resume with a finalized agreement. What Happened Wynn's decision to walk away from merger talks is a "tactical play...

Casino operator Wynn Resorts, Limited (NASDAQ: WYNN) withdrew its A$10 billion ($7.1 billion) offer to buy Australia's Crown Resorts (OTC: CWLDF) after merger discussions were leaked in media outlets, CNBC reported. What Happened Wynn Resorts was looking to buy Crown, which would give it...