Tuesday, March 17, 2015

Corporate concerns cited in not renominating Elaine Wynn to board

17 March 2015By Howard StutzLAS VEGAS — Wynn Resorts, Limited asserted Monday it could be forced to repurchase a portion of its corporate debt under unfavorable terms if now-ousted board member Elaine Wynn prevails in her lawsuit over a shareholders agreement with her ex-husband, company Chairman and CEO Steve Wynn.In the filing of its definitive proxy materials with the Securities and Exchange Commission, Wynn Resorts asserted “a alter in control … Read the rest

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