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Jefferies Comments on MGM China Holdings IPO
Tuesday, May 31, 2011 - 7:41am | 121MGM Resorts International (NYSE: MGM) announced the pricing of its subsidiary, MGM China Holdings, at HK$15.34 for its Hong Kong IPO, “which should generate $1.5 billion in cash for Pansy Ho,” Jefferies reports. “The price was at the top of the expected range and the subsidiary's shares are...