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Reuters: MGM mulling breakup to pay looming debts: report

Started by chris, March 14, 2009, 04:59:15 PM

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chris

MGM mulling breakup to pay looming debts: report
      
   
      


CHICAGO (Reuters) - MGM Mirage, which has warned it could breach its credit agreements this year if the economy doesn't rebound, may break itself up to lure potential buyers as it races to raise the more than $1.5 billion it owes in bond payments and interest this year, the Wall Street Journal reported on  Saturday.<div class="feedflare">
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