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MGM Resorts to Sell Las Vegas Strip Hotels in Deals Netting $4.3 Billion

Blackstone to Buy Bellagio, Billionaire Ruffin to Acquire Circus Circus in Separate Sales
A Blackstone-controlled fund plans to own a majority stake in the Bellagio resort in Las Vegas in a joint venture with MGM Resorts. (CoStar)
A Blackstone-controlled fund plans to own a majority stake in the Bellagio resort in Las Vegas in a joint venture with MGM Resorts. (CoStar)
CoStar News
October 15, 2019 | 10:44 P.M.

MGM Resorts International agreed to sell two casino-hotels, including the notable Bellagio, on the Las Vegas Strip in separate deals as the hospitality and entertainment firm works to raise cash and pay down debt.

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