MGM MIRAGE (NYSE: MGM) today announced its financial results for the first quarter of 2010. As previously reported, the Company recorded a first quarter diluted loss per share of $0.22 compared to earnings of $0.38 per share in the prior year first quarter. - More
Settlement Agreement Approved in New Jersey MGM MIRAGE to Sell Interest in the Borgata Hotel & Casino
MGM MIRAGE (NYSE: MGM) today announced that the New Jersey Casino Control Commission (CCC) approved the settlement agreement between the Company and the New Jersey Division of Gaming Enforcement (DGE) under which the Company will sell its 50% ownership interest in the Borgata Hotel Casino & Spa and related leased land in Atlantic City. - More
MGM MIRAGE Enters Into Settlement Agreement in New Jersey
Agrees to Sell Interest in the Borgata Hotel & Casino - More
MGM MIRAGE Announces Successful Amendment and Extension Transaction
MGM MIRAGE (NYSE: MGM) announced that lenders representing approximately $4.37 billion of the outstanding commitments under its $5.55 billion senior bank credit facility have entered into an amendment agreement which, subject to certain conditions, will extend the maturity of a portion of the credit facility from October 3, 2011 to February 21,... - More
Alexander M. Haig, Jr. Resigns from MGM MIRAGE Board
MGM MIRAGE (NYSE:MGM) announced today that Gen. Alexander M. Haig, Jr. has resigned from the Company's Board of Directors. Gen. Haig has served as a Director and Consultant for the Company since May 1990. - More
Joseph H. Sugerman, M.D. is Elected to Join the MGM MIRAGE Board of Directors
MGM MIRAGE (NYSE:MGM) today announced that Joseph H. Sugerman, M.D., F.A.C.S. has accepted an invitation to join the Company's Board of Directors. The California physician was elected to his new post by the Board of Directors at their meeting held on Aug. 25. Dr. Sugerman's election to the Board is subject to required approvals or waivers from g... - More
MGM MIRAGE and New Giza for Real Estate Development Company Announce Agreement to Include MGM Grand Resort at Development Outside Cairo Near Egypt's Famous Pyramids
MGM MIRAGE (NYSE:MGM) and New Giza for Real Estate Development - an Egyptian company building a luxury, mixed-use community near the base of the famous pyramids - today announced plans to develop the MGM Grand New Giza. All equity funding for the development will be provided by New Giza for Real Estate Development. MGM MIRAGE will provide manage... - More
MGM MIRAGE Completes Historic Capital Raise
Company Completes Sale of $1.5 Billion of Senior Secured Notes and Sale of Over $1 Billion of Common Stock - More
MGM MIRAGE Reports First Quarter Financial Results
Net revenue decreased 20% to $1.5 billion in the first quarter of 2009. - More
MGM MIRAGE Provides Funds to Ensure Construction Continues at CityCenter
MGM MIRAGE (NYSE:MGM) today announced that, as permitted under the terms of the Company's previously announced amendment of its senior credit facility, it has provided $70 million to cover the current construction costs for CityCenter. - More
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