MGM Resorts International

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Products, Divestitures / Spin-offs, Other Pre-Announcement

MGM Resorts International Announces Agreement To Sell Operations Of The Mirage For $1.075 Billion

Published: 12/13/2021 22:52 GMT
MGM Resorts International (MGM) - Press Release - Mgm Resorts International Announces Agreement to Sell Operations of the Mirage for $1.075 Billion.
Mgm Resorts International Announces Agreement to Sell Operations of the Mirage for $1.075 Billion.
Mgm Resorts International - Under Terms of Agreement, Mgm Resorts Will Retain Mirage Name and Brand.
Mgm Resorts International - Expects Net Cash Proceeds After Taxes and Estimated Fees to Be Approximately $815 Million.
Mgm Resorts International - Will Retain Mirage Name and Brand, Licensing It to Hard Rock Royalty-free for a Maximum Period of Three Years.
Mgm Resorts International - to Sell Operations of Mirage Hotel & Casino to Hard Rock International.