- Mirage Resorts
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Mirage Resorts was an American corporation that owned and operated hotel-casinos. It was created in 1989, having previously been called Golden Nugget Companies. Much of the financing was obtained in cooperation with Mike Milken.[1]
The company was merged into the MGM Mirage when it was purchased for $6.4 billion, of which $2 billion was assumption of outstanding debt, after an initial all-cash offer of $17 and a final offer of $21. The company was majority owned by Las Vegas, Nevada casino developer, Steve Wynn, who was also the Chairman and CEO of the Mirage Resorts.
Hotel and casinos owned at acquisition
- Golden Nugget Las Vegas
- Golden Nugget Laughlin
- The Mirage
- Treasure Island Hotel and Casino
- Bellagio
- Beau Rivage
- Boardwalk Hotel and Casino
- Monte Carlo Resort and Casino (50%)
- Announced Le Jardin in Atlantic City. This turned into a 50% interest in what is now Borgata.
Previous Properties
- Golden Nugget Atlantic City - Sold in the 1980s to Hilton to form Atlantic City Hilton
References
- ^ "Steve Wynn, Mirage Resorts/Wynn Resorts". http://www.mikemilken.com/fincareer.taf?page=wynn. Retrieved 2009-12-07.
Categories:- Companies based in the Las Vegas metropolitan area
- Hospitality companies of the United States
- Defunct companies based in Nevada
- MGM Resorts International
- United States hotel stubs
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