March 8 (Reuters) - Wynn Resorts Ltd:
* WYNN RESORTS, LIMITED, UNIVERSAL ENTERTAINMENT AND ARUZE USA REACH SETTLEMENT AGREEMENT
* AGREEMENT ALSO PUTS AN END TO CLAIMS BROUGHT BY UNIVERSAL ENTERTAINMENT AND ARUZE USA AGAINST WYNN MACAU IN MACAU
* SETTLEMENT PROVIDES FOR PARTIES TO AGREEMENT TO DISMISS ALL LITIGATION BETWEEN UNIVERSAL ENTERTAINMENT AND ARUZE USA, AND WYNN RESORTS
* SETTLEMENT AGREEMENT PROVIDES FOR WYNN RESORTS TO PAY$1.94 BILLION OF REDEMPTION NOTE THAT COMPANY PREVIOUSLY ISSUED TO ARUZE
* ALSO AGREED TO PAY ADDITIONAL AMOUNT OF $463.6 MILLION ON MARCH 31, TO SETTLE ALLEGATIONS SURROUNDING INTEREST RATE ON THE REDEMPTION NOTE
* SETTLEMENT PROVIDES DISMISSAL OF ALL LITIGATION BETWEEN PARTIES, CO, ITS THEN-DIRECTORS & EXECUTIVES WITH RESPECT TO REDEMPTION
* AGREEMENT PROVIDES THAT ARUZE USA WILL NOT CONSIDER ITSELF A PARTY TO AMENDED & RESTATED STOCKHOLDERS AGREEMENT
* AGREEMENT ALSO PROVIDES FOR ARUZE USA NOT TO ASSERT ANY CLAIMS OR RIGHTS UNDER STOCKHOLDERS AGREEMENT Source text for Eikon: Further company coverage: