Friday, March 23, 2018

Steve Wynn sells 3 million shares of casino company to T. Rowe Price funds

Steve Wynn, the casino mogul who stepped down from the helm of Wynn Resorts Ltd. last month amid sexual misconduct claims, is selling more than 3 million shares of the company’s stock to mutual funds managed by T. Rowe Price Group Inc. Baltimore-based T. Rowe Price will pay nearly $530 million, or $175 per share, for the stock, according to a filing with the U.S. Securities and Exchange Commission. The stock is trading at $178.32 as of Friday afternoon. T. Rowe Price (NASDAQ: TROW) declined to…



from https://www.bizjournals.com/baltimore/news/2018/03/23/steve-wynn-sells-3-million-shares-of-casino.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/172173052157

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