Date: April 27, 2005

MGM SWALLOWS MANDALAY IN MEGA-DEAL

MGM MIRAGE (NYSE: MGG) completed its $7.9 billion acquisition of Mandalay Resort Group (NYSE: MBG) on April 25. "The combination of MGM MIRAGE and Mandalay Resort Group creates the world's leading gaming, entertainment and leisure company," said Terry Lanni, chairman and CEO of MGM Mirage. Immediately prior to the completion of the acquisition, Mandalay closed on the previously announced sale of its 53.5% interest in the...

__________________________________________________________________________

This content requires a VenuesNow subscription.

If you have a subscription please login below: