MGM Resorts International selling Mirage operations for over $1B

MGM Resorts International has reached an statement to merchantability the operations of The Mirage Hotel & Casino to Hard Rock International for $1.075 cardinal successful cash, taxable to customary moving superior adjustments, according to an announcement from the company.

“This transaction is simply a important milestone for MGM Resorts, and for Las Vegas,” said Bill Hornbuckle, CEO & President, MGM Resorts International. “As portion of the squad that opened The Mirage successful 1989, I cognize firsthand however peculiar it is, and what a large accidental it presents to the Hard Rock team. I privation to convey each of our Mirage employees who person consistently delivered world-class gaming and amusement experiences to our guests for much than 3 decades.”

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