Saturday, March 21, 2015

Is MGM Headed For A Proxy Fight?

<!– (S) –> View photo. Three days after hedge fund Land and Buildings let go a detailed report on MGM Resorts International (NYSE: MGM) advising the company to consider spinning off its casino properties in to a real estate investment trust (REIT), the fund issued a follow-up acknowledgment to MGM shareholders. Since MGM seems to be unwilling to engage with Land and Buildings regarding the fund’s proposal, the company could … Read the rest

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