MGM ends talks with Wynn about acquiring Boston-area casino


MGM could be worth more than US$5bil

LOS ANGELES: MGM Resorts International ended discussions with Wynn Resorts Ltd. about buying that company’s nearly finished casino outside Boston, saying it would focus on its existing Massachusetts property in Springfield.

MGM and Wynn said last week that they’d been holding discussions about a deal, news that came as a shock to the casino industry and many in the Bay State.

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