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Analyst: Tilman Fertitta interest in Wynn stock an investment, not takeover

Analyst: Tilman Fertitta interest in Wynn stock an investment, not takeover

Wall Street analyst John DeCree tried to quell the initial speculation that Tilman Feritta’s becoming Wynn Resorts largest shareholder is anything more than an investment for now.Shares of Wynn popped 9% Thursday after news that Fertitta increased his stake in the company to 9.9%, up from 6.1%. Wynn

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