Wynn Resorts (Nasdaq: WYNN) and Austerlitz Acquisition Corp. I (NYSE: AUS), a SPAC formed by Bill Foley, terminated their $3.2 billion merger agreement for Wynn's online betting unit. No explanation was given. Why it matters: This is the latest reminder that SPAC merger announcements don't always result in SPAC...
Full story at Axios
  • Ap
  • Online
  • Latest
  • Nyse
  • Nasdaq
  • Austerlitz
  • Acquisition
  • Terminated
  • Agreement
  • Explanation
  • Reminder
  • Announcements