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Reuters: MGM Mirage to take $1.2 billion writedown on Mandalay

Started by chris, January 10, 2009, 01:01:04 AM

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chris

January 10, 2009, 01:01:04 AM
MGM Mirage to take $1.2 billion writedown on Mandalay
      

NEW YORK (Reuters) - MGM Mirage  said on Friday it would write down the value of the Mandalay Resort Group, the casino company it bought in 2005 for about $5 billion.<div class="feedflare">
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