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Business
November 12, 2021
Wynn and Austerlitz Call Off $3.2B Merger Agreement
A combination between a special purpose acquisition company (SPAC) and the online gaming arm of a major US casino operator will not materialize after both parties agreed to terminate their previously agreed definitive agreement. Wynn Interactive Re-Thinking Marketing Strategy Wynn Resorts entered, in May of this year, into a definitive agreement with Austerlitz Acquisition Corporation […]
Business
May 11, 2021
Wynn Interactive to Merge with SPAC and Trade on NASDAQ
Wynn Resorts’ subsidiary, Wynn Interactive is to merge with special purpose acquisition company, Austerlitz Acquisition Corporation I to create an independent public company and list on the NASDAQ stock exchange. Once the merger is completed, the combined company is expected to have an enterprise value of approximately $3.2 billion. Wynn Interactive Is on Its Way […]