Wynn Resorts scotches potential takeover of Crown Resorts

Wynn Resorts scotches potential takeover of Crown Resorts

Wynn Resorts scotches potential takeover of Crown ResortsWynn Resorts said Tuesday it was pulling the plug on a potential takeover of Australian gambling giant Crown Resorts that had been seen as fetching about $7.1 billion. "Following the premature disclosure of preliminary discussions, Wynn Resorts has terminated all discussions with Crown Resorts concerning any transaction," Las Vegas-based Wynn said Tuesday. Shares of Wynn were down 3.2 percent at $140.23 at mid-morning in New York.




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