MGM Mirage Company Was In Danger Of Going Under

MGM Mirage company was in danger of going under, and it appeared that is where the company was headed.

They paid a couple of loan interest payments, which in turn put them back in good graces with their partners in the CityCenter project, Dubai World.

An agreement was reached with Dubai World to ensure that the funding would be available to finish the project then MGM Mirage company stock has started to rise.

Also MGM Mirage had one of their better days because the stock rising to $9.44 a share.

Other casino companies also had increases in their stock price. Wynn Resorts jumped almost ten percent, to $42.81. That was an increase of $3.65.

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This entry was posted on Tuesday, May 5th, 2009 at 7:41 pm and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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