
Crown Resorts opens the door to a Blackstone takeover
CNN
Australia's biggest casino operator, Crown Resorts, said on Thursday its board was likely to back an improved 8.87 billion Australian dollars ($6.46 billion) buyout proposal from US private equity firm Blackstone unless a higher offer emerged.
Crown received a fourth non-binding offer of 13.10 Australian dollars a share, having dismissed Blackstone's (BX) previous bid of $12.50 Australian dollars as not "compelling."
The revised offer puts Blackstone in the box seat to win control of Crown, which has faced devastating misconduct inquiries in every state it operates in, while protracted Covid-19 lockdown measures have caused a drop in visitors.

Janet Mills and her allies are counting on a gender gap to narrow Platner’s wide lead ahead of the June 9 primary to decide who will face incumbent Republican Sen. Susan Collins. They are betting that the unfiltered style that has brought Platner widespread attention as someone who could help Democrats reach young men will backfire with women.

As a shrinking number of Transportation Security Administration agents work to keep hourslong security lines moving despite not being paid, President Donald Trump stepped into the fray Saturday, announcing he will send Immigration and Customs Enforcement officers to airports by Monday if Congress doesn’t agree to a plan to end the partial government shutdown.











