Monday, February 27, 2012

Wynn Resorts Redeems Okada?s Stake at Discount After Bribe Probe

Wynn Resorts Ltd. bought out its largest shareholder at a 31 percent discount and asked him to quit the board after a probe by the casino operator uncovered allegedly improper payments to Philippine gambling officials.

Source: http://www.businessweek.com/news/2012-02-20/wynn-resorts-redeems-okada-s-stake-at-discount-after-bribe-probe.html

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