Maxioms by Jason Ader
MGM is very deliberate. They are not going to do a deal that isn't immediately accretive to earnings per share. read more
MGM is very deliberate. They are not going to do a deal that isn't immediately accretive to earnings per share. Harrah's, on the other hand, has done deals that aren't accretive.
I wouldn't be surprised if we are talking about an offer from Harrah's on Monday. The real question is, who read more
I wouldn't be surprised if we are talking about an offer from Harrah's on Monday. The real question is, who can get the most synergies out of Mirage's business? I still believe MGM is the best match.
We definitely expected more consolidation in the industry, although it is always hard to imagine a deal of this magnitude. read more
We definitely expected more consolidation in the industry, although it is always hard to imagine a deal of this magnitude. Mirage's management has underperformed and the stock has languished recently, making it a great opportunity for MGM Grand. But this will have to be a friendly deal if it has a shot of working.
The gaming commission would look long and hard. We think it would be hard to get licensed.
The gaming commission would look long and hard. We think it would be hard to get licensed.
It's a very exciting deal that's good for Mirage's shareholders. This will change the face of the gaming industry.
It's a very exciting deal that's good for Mirage's shareholders. This will change the face of the gaming industry.