Home Hospitality & Tourism VICI Properties acquires Empire City Casino in $17.2B deal with MGM

VICI Properties acquires Empire City Casino in $17.2B deal with MGM

VICI Properties said that it has entered into a definitive agreement with MGM Growth Properties and MGM Resorts International, in which it will acquire MGM Growth Properties for a total consideration of $17.2 billion. The amount includes stock, cash distributed to MGM Growth Properties and $5.7 billion of MGM’s outstanding debt. “Through this transformative strategic…

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