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MGM RESORTS INTERNATIONAL ANNOUNCES AGREEMENT TO SELL OPERATIONS OF MGM NORTHFIELD PARK FOR $546 MILLION

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.com

MGM RESORTS INTERNATIONAL

NYSE:MGM (10/16/2025, 8:04:00 PM)

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