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Tag Archives: Infinity World Development

US – CityCenter closes sale of Mandarin Oriental Las Vegas

CityCenter Holdings, a venture between MGM Resorts International and Infinity World Development Corp, has completed the sale of the Mandarin Oriental Las Vegas and adjacent retail parcels for $214m in cash. CityCenter expects to use the proceeds from the sale to pay a dividend to its shareholders. “CityCenter has continued to deliver strong operating results…