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Crown Resorts Acquisition by Blackstone Receives Approval from Two RegulatorsWritten by: Erik Gibbs

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Private equity firm The Blackstone Group is two steps closer to taking over Australia’s Crown Resorts, according to WA Today. The company has received two key approvals that will allow the deal to move forward. Crown shareholders already signed off on the AU$8.9-billion (US$6.6 billion) arrangement. Now, New South Wales’s (NSW) Independent Liquor and Gaming
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