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MGM Mirage and Dubai World Conclude Vegas CityCenter Deal - ENR | McGraw-Hill Construction

Publication Date: 19-NOV-07
Author:  Tony Illia
Format: HTML

    
Description:
MGM Mirage and Dubai World, four months after its initial announcement, completed their joint-venture agreement on Nov.15, resulting in a 50/50 ownership of the $7.4-billion CityCenter mixed-use development on the Las Vegas Strip. MGM Mirage contributed CityCenter assets valued at $5.4 billion, while Dubai World paid $2.96 billion for a 50% project stake. ...
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