Crown accepts $8.9 billion takeover offer from Blackstone
The agreement will net James Packer a $3.26 billion payday and end his rule over the Australian casino industry.
The agreement will net James Packer a $3.26 billion payday and end his rule over the Australian casino industry.
"I think the cities that we operate in are better because Crown is there," Packer told shareholders.
James Packer says lucky high rollers and weak consumer confidence are hurting Crown's performance. "Trading so ...