MGM Resorts International will pay $900m to buy Boyd Gaming Corp.’s 50% stake in Borgata hotel and casino, in Atlantic City.
It will then sell the whole property to recently created real estate investment trust MGM Growth Properties for $1.18bn.
MGM Resorts International will pay $900m to buy Boyd Gaming Corp.’s 50% stake in Borgata hotel and casino, in Atlantic City.
It will then sell the whole property to recently created real estate investment trust MGM Growth Properties for $1.18bn.
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