MGM Resorts and Blackstone declined to comment on the reported talks.
A Bloomberg report in July said MGM Resorts could get up to $4 billion from the sale of Bellagio and close to $3 billion from the sale of MGM Grand.
In January, MGM Resorts formed a committee to evaluate its real estate portfolio.
Activist investor Starboard Value LP holds 0.527% stake in the Las Vegas-based company, as of June 30.
- Author
- Kiran Murali
- Theme
- Retail & Consumer ProductsBanking
