MGM Resorts Sells Ohio Racino Operations to Clairvest Group for $546 Million
MGM Resorts International has sold its Ohio racino operations to Clairvest Group for $546 million in cash. The move is described as a divestiture of a non-strategic asset by the company's CFO, Jonathan Halkyard. The transaction is expected to have a moderate impact on MGM's financial strategy and operations.
Tickers: $MGM
Topics: asset sale Clairvest Group divestiture MGM Resorts International