1. MGM pulls out of talks to purchase Wynn Casino in Everett

    MGM pulls out of talks to purchase Wynn Casino in Everett

    MGM Resorts is pulling out of talks with Wynn Resorts to negotiate a purchase of Encore Boston Harbor Casino in Everett. The company released a statement saying “We have noted the anxiety raised by various stakeholders regarding a transaction and this troubles us at MGM. We only wish to have a positive impact on communities in which we operate. We think the best course of action is to discontinue discussions concerning this opportunity. We wish the company and the Everett community all the best and look forward to visiting their beautiful resort when it opens and welcoming the 5,600 ...

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    1. Wynn Resorts prides itself on the design, development and operation of the world's best integrated resorts. At times, world class assets attract the attention of others and our board takes seriously its fiduciary duty to review such interest. After careful consideration we have agreed to cease discussions with MGM Resorts.
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