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Billionaire Kirk Kerkorian Passes Away; Casino Stocks React
Tuesday, June 16, 2015 - 12:55pm | 167Read More...Kirk Kerkorian, the widely-known president and CEO of Tracinda Corporation, passed away at the age of 98 on Monday night, the investment firm told The Wall Street Journal. Tracinda owned an 18.6 percent stake in MGM Resorts International (NYSE: MGM) as of last month; this position was as large...
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MGM Proxy Battle? Latest Letter From Land & Buildings
Wednesday, April 1, 2015 - 4:55pm | 649Read More...Casinos own a lot of expensive real estate in order to entice customers to stay, gamble, eat and party, and recently many of them have either spun out these assets to take advantage of a REIT structure or are seriously considering the proposal. Activist investor and Land and Buildings...
