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MGM Resorts International Announces Transaction to Acquire the Operations of The Cosmopolitan of Las Vegas

MGM Resorts International Announces Transaction to Acquire the Operations of The Cosmopolitan of Las Vegas

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LAS VEGAS, Sept. 27, 2021 /PRNewswire/ — MGM Resorts International (the “Company” or “MGM Resorts”) (NYSE: MGM) today announced that the Company has entered into a definitive agreement with Blackstone to acquire the operations of The Cosmopolitan of Las Vegas (the “property” or “The Cosmopolitan”) for cash consideration of $1.625 billion, subject to customary working capital adjustments.

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