Heard on the Street: You’ve got to know when to hold ’em, know when to fold ’em
Giving everyone in the room an accidental peek at your cards would be a good time to do the latter, it seems. Wynn Resorts Ltd. was blindsided when a $7.
1 billion bid it was set to make for Crown Resorts Ltd. of Australia was reported in that country’s financial media. Wynn confirmed merger talks but hours later said it wouldn’t be moving ahead.
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