New Issue: MGM Mirage sells $1.19 billion of stock

By Laura Lutz

Chicago, Oct. 19 - MGM Mirage completed a $1.19 billion private placement of stock with Infinity World Investments, a subsidiary of Dubai World.

MGM sold 14,200,000 shares at $84.00 each.

MGM is a development company focused on the gaming, hospitality and entertainment industries.

Issuer:	MGM Mirage
Issue:	Stock
Amount:	$1,192,800,000
Shares:	14,200,000
Price:	$84.00
Warrants:	No
Investor:	Infinity World Investments
Settlement date:	Oct. 19
Stock symbol:	NYSE: MGM
Stock price:	$94.70 at close Oct. 18

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