|Bid||0.00 x 800|
|Ask||0.00 x 1800|
|Day's Range||9.82 - 9.85|
|52 Week Range||9.78 - 10.16|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Wynn Resorts Ltd. said Friday that the previous merger agreement with special purpose acquisition company (SPAC) Austerlitz Acquisition Corp. I , which would have taken subsidiary Wynn Interactive Ltd. public, has been terminated effective immediately. Wynn's stock was little changed in premarket trading while Austerlitz shares fell 1.8%. "As we discussed on the Wynn Resorts, Limited third quarter earnings conference call earlier this week, in light of elevated marketing and promotional spend in
LAS VEGAS, November 12, 2021--Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts") and Austerlitz Acquisition Corporation I (NYSE: AUS.U) ("Austerlitz I") today announced that the companies have mutually agreed to terminate their previously announced agreement and plan of merger, which contemplated the combination of Austerlitz I and Wynn Interactive Ltd. ("Wynn Interactive"), a subsidiary of Wynn Resorts. The termination is effective immediately.
Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Austerlitz Acquisition Corp. I ("AUS" or the "Company") (AUS) relating to its proposed merger with Wynn Interactive. Under the terms of the agreement, AUS shareholders will own approximately 18% of the combined company.