Tuesday, 22 May 2007

UPDATE 1-Casino shares soar on Tracinda/MGM Mirage

(Reuters) - MGM Mirage stock surged to an all-time high of $82.25,
before trading up $16.60, or 26.37 percent, at $79.55 on the
New York Stock Exchange at mid-afternoon.




Tracinda said Monday it will enter talks to buy MGM
Mirage's Bellagio property and its $7.4 billion CityCenter
development on the Las Vegas Strip.


Read more at Reuters.com Bonds News

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