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Blackstone back to the drawing board on Crown

Elouise Fowler
Elouise FowlerReporter
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Blackstone has been forced to retreat and reconsider its offer for Crown Resorts after the gambling giant formally rejected its takeover bid on Monday, effectively ending the bidding war that broke out over the embattled gambling giant last week.

James Packer’s Crown Resorts has rejected the takeover offer from Blackstone.  AAP

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Elouise Fowler is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Elouise on Twitter. Email Elouise at elouise.fowler@afr.com.au
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    Original URL: https://www.afr.com/companies/games-and-wagering/crown-rejects-blackstone-offer-20210517-p57six