MGM ends talks to buy Wynn’s Everett casino

MGM ends talks to buy Wynn’s Everett casino


BARRY WE BEGIN WITH BREAKING NEWS FROM SPRINGFIELD TONIGHT…. MGM RESORTS HAS PULLED OUT OF TALKS TO PURCHASE THE WYNN CASINO IN EVERETT. : CIARA: 22NEWS REPORTER HAYLEY CROMBLEHOLME IS LIVE IN SPRINGFIELD WITH WHAT WE KNOW SO FAR ABOUT THE DECISION. HAYLEY: MGM SPRINGFIELD SENT 22NEWS A STATEMENT TONIGHT SAYING THAT THE TRANSACTION WOULD NOT BE IN THE COMMUNITY’S BEST INTEREST. THE 2 COMPANIES ISSUED A JOINT STATEMENT FRIDAY, SAYING THEY HAD BEEN IN PRELIMINARY DISCUSSIONS OVER THE PAST SEVERAL WEEKS. BUT TONIGHT, MGM ISSUED ANOTHER STATEMENT, ACKNOWLEDGING “THE ANXIETY RAISED BY VARIOUS STAKEHOLDERS REGARDING A TRANSACTION AND THIS TROUBLES US AT MGM.” THE STATEMENT GOES ON TO SAY: “WE ONLY WISH TO HAVE A POSITIVE IMPACT ON COMMUNITIES IN WHICH WE OPERATE. WE THINK THE BEST COURSE OF ACTION IS TO DISCONTINUE DISCUSSIONS CONCERNING THIS OPPORTUNITY.” HAYLEY: YOU CAN READ THE ENTIRE MGM STATEMENT ABOUT ENDING THE TALK WITH WYNN. WE’VE POSTED THAT ON WWLP.COM/ IN SPRINGFIELD HAYLEY CROMBLEHOLME. 22NEWS.

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