
officers). Meantime, on page 18, in the section detailing related-party transactions, MGM notes that “ Mandalay Resort Group , one of our subsidiaries, is party to a time sharing agreement with Mr. Murren in connection with his personal
space and undercut iShares on fees. Alternatives The two alternatives to MBB are SPDR Barclays Capital Mortgage Backed Bond MBG and Vanguard Mortgage-Backed Securities Index ETF VMBS, with fees of 0.32% and 0.15%, respectively. All three ETFs
which is slated to open in 2007. We have also rebuilt our discounted cash-flow model to account for the Mandalay Resort Group acquisition and are increasingly confident that MGM will be able to boost revenue at several of Mandalay's
Tom Graff submits: Fixed Income markets have enjoyed a relatively uninterrupted bull market for the last 30 years. With interest rates generally low and economic growth appearing to pick up, investors are logically concerned with rising rates. However, some investors may be taking this concern too
the second half of 2007. Moreover, we have fully rebuilt our discounted cash-flow model in the wake of the Mandalay Resort Group acquisition. We are increasingly confident that MGM will be able to boost revenue at Mandalay's properties
8 billion cash and stock transaction vaults Harrah's back past MGM Mirage MGM--which recently acquired Mandalay Resort Group --to reclaim its status as the world's largest casino operator. The combined entity will generate $9 billion
believe it's likely to close soon--our confidence is bolstered by the recent approval of the MGM Mirage MGM- Mandalay Resort Group mega-merger. We expect the profitability of the Caesars properties to improve markedly in the hands of Harrah
MGM Mirage's MGG $7.9 billion acquisition of Mandalay Resort Group MBG , which was announced in June 2004, closed Monday. We are increasing our fair value estimate for MGM to $60 per share (from
The U.S. Federal Trade Commission signed off Wednesday on the MGM Mirage MGG- Mandalay Resort Group MBG mega-merger. The approval, which was not a surprise, removes what was the largest remaining obstacle for the transaction
amortization) surged 23%. We expect MGM's momentum to continue in 2005, spurred by major growth drivers such as the Mandalay MBG acquisition--which is expected to close in the first quarter, pending regulatory approval--and the new, $375 million