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Melco Could Boost Share Price with Studio City Acquisition, Parent MergerWritten by: Todd Shriber

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Analysts believe Melco Resorts & Entertainment (NASDAQ:MLCO) could prop up its sagging share price by acquiring Studio City International Holdings (NYSE:MSC) and then merging with parent Melco International Development. That take comes courtesy of Bernstein analysts Vitaly Umansky and Louis Li who, in a recent research report, note that the aforementioned transactions would unlock shareholder
The post Melco Could Boost Share Price with Studio City Acquisition, Parent Merger appeared first on Casino.org.
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