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Blackstone May Have to Raise Bid for Crown Resorts, Says JPMorganWritten by: Todd Shriber

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Blackstone (NYSE:BX) is offering $6.2 billion for Crown Resorts. But that may not be enough to get the Australian gaming company to come to the bargaining table. On Sunday, Crown said it received the proposal from the private equity firm, valuing the target at $9.16 a share ($11.85 in local currency) — a 20.2 percent
The post Blackstone May Have to Raise Bid for Crown Resorts, Says JPMorgan appeared first on Casino.org.
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