Blackstone sweetens offer for Australia's Crown Resorts
The Blackstone Group has improved its take-private offer for Crown Resorts, valuing the Australian casino operator at about A$8.3 billion ($6.5 billion).
The private equity firm is now willing to pay A$12.35 per share in cash for the company compared to a $11.85-per-share offer in March. The stock jumped almost 8% following the announcement and closed at...
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