MGM Agrees to Sell Bellagio to Blackstone for $4.25 Billion
Bloomberg, Oct. 16, 2019–Christopher Palmeri
MGM Resorts International, pressured by investors to unload its remaining company-owned casinos, agreed to sell the Bellagio resort in Las Vegas to Blackstone Group for $4.25 billion and will continue to operate the property under a lease arrangement.
https://www.bloomberg.com/news/articles/2019-10-15/mgm-sells-bellagio-to-blackstone-for-4-25-billion-in-lease-back