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eastunder

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eastunder

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Friday, 04/17/2009 3:55:58 PM

Friday, April 17, 2009 3:55:58 PM

Post# of 2724
MGM, Dubai World agree to finish CityCenter complex: WSJ
3:42 pm ET 04/17/2009 - MarketWatch Pulse News Bullet
SAN FRANCISCO (MarketWatch) -- MGM Mirage and Dubai World on Friday reached an agreement to finish construction of the CityCenter complex in Las Vegas, The Wall Street Journal reported Friday on its Web site, citing a person close to the talks. Shares of MGM Mirage jumped 11.4% to $6.57 following the report. Earlier in the day, MGM made a $70 million payment to cover current construction costs for the complex.

"It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness;

-- Charles Dickens

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