(Reuters) - Tracinda, which owns 56 percent of MGM, had said in May that it planned to acquire the prized Bellagio and CityCenter properties in Las Vegas and consider a financial restructuring or other outcomes for the remainder of the company.
The plan, which led to a 27 percent jump in MGM shares on the day it was announced, was seen as putting the company on the market.
Read more at Reuters.com Hot Stocks News
The plan, which led to a 27 percent jump in MGM shares on the day it was announced, was seen as putting the company on the market.
Read more at Reuters.com Hot Stocks News
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