Quote:
Originally Posted by Valuist
I just saw this now. That would be interesting; MGM has a market cap of $19.65 billion and WYNN's is $16.95 billion. I wonder if it would get past the Justice Department? Vegas is pretty much MGM and Caesar's properties right now. A few smaller ones like Boyd thrown in, as well. I would think the WYNN board would resist, unless it was a ridiculous offer.
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MGM is an unlikely buyer of Wynn as they both have casino’s on Macau and would be unlikely to receive permission to operate both after a merger.
The problem isn’t American regulator’s, it’s Chinese.
