Day: 10 April 2019

Wynn Resorts Ltd., one of the world’s largest gambling companies, has quickly exited preliminary negotiations for a proposed takeover of Australian casino operator Crown Resorts. The AU$10 billion ($7.1 billion) offer, which if brought to closure would be one the most massive acquisition deals in the Australian gambling industry, was scrapped suddenly after media leaks. Following Crown’s confirmation of confidential discussions between the two companies on Tuesday, the Las Vegas giant has ended the talks for the buyout, citing “premature disclosure” as a reason. Just a few hours after the…