Provided By PR Newswire
Last update: Oct 16, 2025
Purchase price represents an approximate 6.6x multiple on Adjusted EBITDA for the trailing twelve months ended June 30, 2025
LAS VEGAS, Oct. 16, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has reached an agreement to sell the operations of MGM Northfield Park to private equity funds managed by Clairvest Group Inc. (TSX: CVG) ("Clairvest") for $546 million in cash, subject to customary purchase price adjustments.
Read more at prnewswire.com31.69
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