[ET Net News Agency, 23 March 2018] Wynn Resorts, the controlling shareholder of Wynn
Macau (01128), said it agreed to sell 5.3 million newly issued shares at US$175 per share
to Galaxy Entertainment (00027).
On 21 March, the Wynn Family Limited Partnership (WFLP and together with Stephen A.
Wynn, the selling stockholder), an entity affiliated with former chief executive Stephen
A. Wynn, sold an aggregate of 4.1 million shares of common stock at US$180 per share in
open market transactions. The selling stockholder also entered into agreements to sell
about 8 million shares of common stock in privately negotiated transactions, representing
all of his remaining holdings of Wynn Resorts' common stock. (HL)