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RD Today => All the News => Business News => Topic started by: chris on January 10, 2009, 01:01:04 AM

Title: Reuters: MGM Mirage to take $1.2 billion writedown on Mandalay
Post by: chris on 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">
<img src="http://feedproxy.google.com/~f/reuters/businessNews?d=41" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=U9H4BbC9) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=LeqUf6M7" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=LeqUf6M7) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=zhxwUN6F" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=zhxwUN6F)
</div><img src="http://feedproxy.google.com/~r/reuters/businessNews/~4/MdBjnruY6-s" height="1" width="1"/>
      

http://feeds.reuters.com/~r/reuters/businessNews/~3/MdBjnruY6-s/idUSTRE5086XF20090109