MGM Resorts Agrees to Sell MGM Grand, Mandalay Bay to Joint Venture Including Blackstone

Wall Street Journal, Jan. 14, 2020–Katherine Sayre, Miriam Gottfried, Cara Lombardo (subscription)
MGM Resorts International agreed to sell the MGM Grand and Mandalay Bay resorts and casinos on the Las Vegas Strip to a joint venture that includes private-equity and real estate giant Blackstone Group Inc.