Thursday, April 30, 2009

MGM MIRAGE and Dubai World Agree over CityCenter

MGM MIRAGE, Dubai World and CityCenter's Lenders Reach Agreement for Completion of CityCenter
PR Newswire (press release) - New York, NY, USA
LAS VEGAS and DUBAI, United Arab Emirates, April 29 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and Dubai World through subsidiary Infinity World, 50/50 joint venture partners in the CityCenter project, today announced that the companies have reached an agreement on a revised joint venture agreement and also reached an agreement with CityCenter's lenders on a comprehensive plan to fully fund the completion of CityCenter for its scheduled opening later this year. ...

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