Re: MGM on the block....



In article <zObCl.3815$ua7.2951@xxxxxxxxxxxx>, Unca Pete
<radioconnection@xxxxxxx> wrote:

http://news.yahoo.com/s/nm/20090405/bs_nm/us_mgm_morganstanley_1

"Meanwhile, Australian billionaire and gambling magnate James Packer
is weighing a stake in City Center..." <<

Haha! This is the guy who has thus far been unable to buy the Cannery
casinos outright, and who is already in for 20% of the yet-to-open
Fontainebleau. Between Packer, Colony Capital and Dubai World,
MGM/Mirage's prestige project would end up with quite a motley crew of
investors.

--- Walt
.