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VICI Properties Inc. Announces $17.2 Billion Strategic Acquisition of MGM Growth Properties LLC

VICI Properties Inc. Announces $17.2 Billion Strategic Acquisition of MGM Growth Properties LLC

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NEW YORK & LAS VEGAS–(BUSINESS WIRE)–VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or “VICI”), MGM Growth Properties LLC (NYSE: MGP) (“MGP”) and MGM Resorts International (NYSE: MGM) (“MGM Resorts”), MGP’s controlling shareholder, announced today that they have entered into a definitive agreement (the “Master Transaction Agreement”) pursuant to which VICI Properties will acquire MGP for total consideration of $17.2 billion, inclusive of the assumption of approximately $5.7 billion of d

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