1.
Boeing delivers C-17 to RAF
NEW YORK, June 11 (UPI) -- The Wall Street Journal reported Friday talks over MGM Mirage's takeover bid for Mandalay Resort Group are deadlocked over the price.
The Journal said the deadlock could jeopardizie the casino companies' ability to reach agreement.
Mandalay executives, flush with the recent success of their Las Vegas properties, feel that MGM Mirage's$4.85 billion offer, plus the assumption of $2.8 million in debt, is too low, the Journal said.
The deal, if it happens, would create the world's largest casino company, owning more than half of the 72,000 rooms on the Las Vegas Strip, with properties such as Mandalay Bay, Bellagio and the MGM Grand.
|
|
|
|
|
|
| Additional Business News Stories | |
ERBIL, Iraq, May 22 (UPI) --
Despite tensions between the Kurdish and Iraqi governments, officials at an energy summit in northern Iraq say export pipelines could reach Turkish ports.
|
TEL AVIV, Israel, May 22 (UPI) --
Israel's Rafael Advanced Defense Systems is developing a "hard kill" defense for helicopters against surface-to-air missiles, part of the air force new doctrine to counter advanced SAMs being acquired by Iran, Syria, Hezbollah and the Palestinians.
|
Like housing markets overall, the market for luxury homes is growing tighter as the spring buying progresses. Though still a buyer's market, the ILHM Luxury Housing Report for last week shows a pattern of rising prices and fewer days on market since...
|
What if Europe turned out to be the new Japan?
|
| Stories | Photos | People | Comments |
View Caption
