MGM RESORTS INTERNATIONAL ANNOUNCES COMPLETION OF THE SALE OF THE OPERATIONS OF MGM NORTHFIELD PARK [TheStreet.com]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: TheStreet.com
PR Newswire LAS VEGAS, April 21, 2026 LAS VEGAS April 21, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has closed on the sale of the operations of MGM Northfield Park to private equity funds managed by Clairvest Group Inc. (TSX: CVG) ("Clairvest") for $546 million in cash. "MGM Northfield Park is a market-leading property supported by a talented team that has consistently delivered outstanding guest experiences," said Bill Hornbuckle, CEO & President, MGM Resorts International. "The property has a strong foundation, and we extend our best wishes to the team and new ownership for continued success in the next chapter of the property's evolution." "The closing of this transaction underscores the value of MGM's high-quality operations and provides an opportunity to divest a non-strategic regional asset at a significantly higher multiple than currently ascribed to our premium portfolio," said Jonathan Halkyard
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MGM
Earnings
- 10/29/25 - Miss
MGM
Sec Filings
- 4/7/26 - Form DEFA14A
- 4/7/26 - Form SCHEDULE
- 4/7/26 - Form 8-K
- MGM's page on the SEC website