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A bitter pill to swallow: Kazuo Okada ratchets up the heat on rival Steve Wynn a bit more with a...

Sep. 06, 2012 10:31 AM ETWynn Resorts, Limited (WYNN) StockWYNNBy: Clark Schultz, SA News Editor
A bitter pill to swallow: Kazuo Okada ratchets up the heat on rival Steve Wynn a bit more with a plan to nominate two candidates for the board at the annual meeting of Wynn Resorts (WYNN +1.5%) slated for November. If a judge reinstates Okada's sizable block of shares before the meeting, Wynn and his ex-wife will be forced by the terms of a prior agreement to vote in favor of the Okada-selected candidates. Ouch.

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