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Stock impact report

VICI Properties Inc. Enters Into Lease Agreement With Clairvest Related to MGM Northfield Park in Northfield, OH [Yahoo! Finance]

MGM Resorts International (MGM) 
Last mgm resorts international earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
Company Research Source: Yahoo! Finance
the "Company") announced today that, in connection with the closing of MGM Resorts International's (NYSE: MGM) ("MGM Resorts") sale of the operations of MGM Northfield Park ("Northfield Park"), located in Northfield, OH, to an affiliate of funds managed by Clairvest Group Inc. (TSX: CVG) ("Clairvest"), VICI has entered into a new separate triple-net lease with an affiliate of Clairvest with respect to the real property of Northfield Park (the "Northfield Park Lease") and also entered into an amendment to the master lease between VICI Properties and MGM Resorts (the "MGM Master Lease") to reflect such sale. Clairvest, a top-performing private equity management firm, brings deep expertise in the gaming sector, having held ownership interests in 37 gaming assets over the last two decades across regional casinos, racetracks, suppliers, technology providers, and online gaming globally. John Payne, President and Chief Operating Officer of VICI Properties, said, "We are pleased to welcom Show less Read more
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