Tuesday, 22 May 2007

UPDATE 1-S&P, Fitch may cut MGM Mirage deeper into junk

(Reuters) - Tracinda said on Monday it is exploring options for its 56
percent stake in MGM. For details, see [ID:nN21358817]




Tracinda said its move could result in a financial
restructuring of the remainder of the casino company, which
controls roughly a third of the Strip, with famous properties
such as Luxor, Mandalay Bay and Circus Circus.


Read more at Reuters.com Bonds News

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