Stock Market News
Crown Resorts shareholders greenlight Blackstone’s $6.3 billion buyout
2022.05.20 08:06
FILE PHOTO: The logo of Australian top casino operator Crown Resorts adorns a fence surrounding the Crown Perth hotel and casino complex in Western Australia, Oct. 20, 2016. REUTERS/Aaron Bunch/File Photo
(Reuters) – Shareholders of Australian casino operator Crown Resorts Ltd voted in favour of a $6.3 billion buyout from private equity giant Blackstone (NYSE:BX) Inc on Friday, with 99.91% of the votes cast at its scheme meeting in favour of the deal.