MGM Resorts International Stock News

Hard Rock is acquiring operations of The Mirage Hotel and Casino from MGM Resorts International, planning a guitar-shaped hotel.

MGM Resorts International (NYSE: MGM) recently announced an agreement to sell the operations of The Mirage Hotel & Casino to Hard Rock for $1.075 billion. These are the details.

MGM Resorts International is selling the operations of The Mirage Hotel & Casino to Hard Rock International for $1.075 billion in cash, the company announced on Monday. The Mirage, an iconic strip resort located in Las Vegas, opened in 1989 and was acquired by MGM Resorts in 2000 for $4.4 billion in cash. It is best known for its […]

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MGM Resorts International said on Monday it will sell the operations of the Mirage Hotel and Casino in Las Vegas to Hard Rock International for around $1.08 billion. Read Full Article at RT.com

Hard Rock Int’l to purchase The Mirage Las Vegas for $1.075B - Hotel Business | Hotel Business Hard Rock International (HRI) has signed an agreement to acquire the operations of The Mirage Las Vegas hotel and casino from MGM Resorts International, subject to regulatory approvals and other customary closing conditions. Through the acquisition, Hard Rock plans to build a guitar-shaped hotel, which will be located on the Las Vegas Strip. HRI will […] Hard Rock Int’l to purchase The Mirage Las Vegas for $1.075B - Hotel Business appeared first on Hotel Business | Hotel Business - The leading source of hospitality news for owners, developers, designers, brokers, brands, management companies, lenders, REITs & asset managers.

This article was originally published on TipRanks.com Global hospitality and entertainment company MGM Resorts International (NYSE: MGM) recently announced that it has entered into an agreement to sell The post MGM Resorts to Sell The Mirage for Nearly $1.08B appeared first on Smarter Analyst .

New York State Teachers Retirement System trimmed its holdings in MGM Resorts International (NYSE:MGM) by 5.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 425,058 shares of the companys stock after selling 26,275 shares during the quarter. New York State Teachers Retirement []

Avantax Advisory Services Inc. reduced its position in MGM Resorts International (NYSE:MGM) by 3.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,903 shares of the company’s stock after selling 317 shares during the period. Avantax Advisory Services Inc.’s […]

MGM Resorts (MGM) to sell the operations of The Mirage Hotel & Casino to Hard Rock International for $1.075 billion in cash.

MGM Resorts International (NYSE: MGM) has reached an agreement to sell the operations of The Mirage Hotel & Casino to Hard Rock International for $1.075 billion in cash. The Mirage, acquired by MGM

MGM Resorts says it expects to net $815 million after taxes and fees from the sale, which is expected to close in the second half of 2022.

The move marked the "culmination of a series of transformational transactions for MGM Resorts during the last several years," said MGM''s chairman.

MGM Resorts International announced Monday that it's selling the operations of The Mirage Hotel & Casino to Hard Rock International for $1.075 billion.