MGM Growth Properties Makes Play to Acquire VICI Properties

MGM has proposed to acquire 100 percent of VICI's outstanding common stock for $19.50 per share.

MGM Growth Properties LLC is making a play to combine two of the largest casino owners in the world. MGM sent a letter to the CEO and the chairman VICI Properties Inc. proposing to acquire 100% of VICI's outstanding common stock for $19.50 per share in an all-stock deal. MGM said VICI had so far has elected not to engage in meaningful discussions. Maybe for a good reason: its stock has been...

View Original Article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.