Blackstone Offers $6.2 Billion for Embattled Crown ResortsWritten by: Todd Shriber

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Private equity titan Blackstone (NYSE:BX) is bidding $6.2 billion for controversy-laden Australian gaming operator Crown Resorts. Blackstone hasn’t publicly confirmed the overture, but the gaming company and that was enough to send Crown shares higher by more than 19 percent in Sydney’s Monday trading session. The private equity company is offering $9.16 a share ($11.85
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