Wynn Resorts

|About: Wynn Resorts, Limited (WYNN)|By:, SA News Editor

Wynn Resorts (NASDAQ:WYNN) says former CEO Steve Wynn is not entitled to severance payments or any other form of compensation.

Under the terms of a separation struck between the casino operator and Wynn, he agrees not to compete against the company for two years.

A rights agreement is also in place covering the sales of Wynn's shares if he decide to unload his position in the company he founded.

SEC Form 8-K

WYNN +0.60% premarket to $165.00.

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