Philippine Casino Deal in Limbo After US Judge's Refusal to Intervene

A proposed merger involving a major Philippine casino operator has been thrown into uncertainty after a U.S. federal judge declined to issue an order compelling the deal’s closure. The decision marks a significant setback for the parties involved, who had sought judicial intervention to force the transaction forward amid ongoing legal disputes and delays.

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US judge won't order Philippine casino merger to close

WILMINGTON, Del. (Reuters) -The Philippines' largest casino, owned by an affiliate of Japan's Universal Entertainment Corp, does not have to complete a SPAC merger deal with 26 Capital Acquisition Corp of the U.S., a Delaware judge ruled o