Crown Resorts Rises After Bids From Blackstone, Star

The transcript discusses a busy morning for Crown, with a new CEO announcement and significant stock movements. Crown faces regulatory challenges, including a casino that cannot open due to licensing issues. Star proposes a merger with Crown, offering shares and potential synergies. Blackstone counters with its own offer. Investors are keen on the developments, considering cash alternatives and cost savings. The new CEO, Steve McCann, faces strategic decisions amid these offers.

What is the value per share that Star is offering for Crown?

• $12.00

• $13.50

• $14.00

• $15.00

What is the potential value of the combined casino giant if Star and Crown merge?

• $10 million

• $15 million

• $20 million

• $12 million

What is the cash alternative offer per share mentioned for Crown's investors?

• $11.50

• $12.50

• $13.00

• $12.00

What is the estimated annual cost savings from the merger between Star and Crown?

• $100 million

• $300 million

• $150 to $200 million

• $250 million

Who is the newly announced CEO of Crown?

• John O'Neill

• Danny McCoy

• Paul Star

• Steve McCann