The Cosmopolitan of Las Vegas connected Wednesday, June 9, 2021 successful Las Vegas. The Las Vegas Strip spot has been unfastened for much than a decade. (Ellen Schmidt/Las Vegas Review-Journal) @ellenschmidttt
MGM Resorts International volition get the operations of The Cosmopolitan of Las Vegas.
MGM Resorts announced the statement with Blackstone for currency considerations of $1.625 billion. Once the transaction is closed, MGM Resorts volition participate into a 30-year lease agreement, with 3 10-year renewal options.
This is simply a processing story. Check backmost for updates.
Contact Lukas Eggen astatine leggen@reviewjournal.com. Follow @LukasEggen connected Twitter.