- MGM Resorts (MGM -8.7%) CEO James Murren said on the company's post-earnings conference call today that an acquisition of Wynn Resorts' (WYNN +0.4%) Boston Harbor resort is unlikely.
- This follows Wynn CEO Matt Maddox confirming during the Wynn conference call that a sale could happen under the right conditions.
- "We’re a $30 billion company, and if there was ever any risk, due to heightened rhetoric, that there would be any contagion from Massachusetts into (the company), we will have to take a hard look at what is best to protect our shareholders and our value," said Maddox earlier this week.
- Maddox subsequently backed off the Boston sale notion in an interview with CNBC to bring the discussion back full circle.
- Potential acquirers for the coveted Boston casino complex outside of MGM include privately-owned Foxwoods Resort Casino and Mohegan Sun.
- Now read: MGM Resorts falls after U.S. business disappoints
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