The venture, Cit圜enter Holdings, is an urban complex comprising Aria Resort and Casino and Vdara Hotel and Spa.Īfter buying it from Infinity World Development Corp, MGM said it will sell the two properties to private equity firm Blackstone for $3.89 billion in cash. LAS VEGAS: MGM Resorts will buy the remaining 50 percent stake in its joint venture on the Las Vegas Strip from a unit of investment firm Dubai World for $2.12 billion, the US casino operator said on Thursday.
