Jason Ader

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.

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.

The hotel business is on fire. I mean, you look at every major city, and the Four Seasons continues to read more

The hotel business is on fire. I mean, you look at every major city, and the Four Seasons continues to widen its gap over Ritz-Carlton and other premium brands that are out there. But the reality is, you know, the stock is trading at a huge valuation multiple, over 20 times cash flow.

They believe in their heart of hearts that their comprehensive plan is going to do more than Hilton's $70 per read more

They believe in their heart of hearts that their comprehensive plan is going to do more than Hilton's $70 per share.

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.