Cosmo purchase, Mirage sale highlight gaming moves
by Richard N. Velotta
MGM Resorts International has announced two blockbuster moves in just over a month.
Can the company’s plans to acquire the Cosmopolitan of Las Vegas for $1.625 billion and sell The Mirage be characterized as a simple trade-off, shedding the older Strip property in its portfolio and replacing it with a resort that is only a decade old?
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