Financial Review

Financial Review

Wynn ends deal talks with Crown Resorts

(Reuters) – Casino operator Wynn Resorts Ltd said it terminated takeover discussions with Australia's Crown Resorts.

"Following your premature disclosure of preliminary discussions, Wynn Resorts has terminated all discussions with Crown Resorts concerning any transaction," Wynn said.

Earlier during the day, Crown Resorts said Wynn made an A$10 billion ($7.1 billion) takeover means for the provider.

Wynn's shares were last down 3.2 percent.