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MGM Resorts to sell Circus Circus for $825 million, strikes deal to lease back Bellagio – CNBC

MGM Resorts International announced two deals Tuesday expected to bring in billions in cash, as it looks to fortify its balance sheet in the event of an economic downturn. “We want to make sure if and when the next recession comes we have a fortress balance …

MGM Resorts International announced two deals Tuesday expected to bring in billions in cash, as it looks to fortify its balance sheet in the event of an economic downturn.
“We want to make sure if and when the next recession comes we have a fortress balance …
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