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Old Posted Apr 19, 2007, 2:27 PM
gmcclenon gmcclenon is offline
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Join Date: Nov 2005
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MGM land purchase

Murren said that unlike CityCenter, which MGM Mirage is financing, the company would take a different approach and seek partners to develop the north Strip location.

"We had so much interest in CityCenter from so many different resources that we believe this development allows us to bring in new financial and strategic partners," Murren said.

Hmmm, like these parnters?

Mubadala Development Company, an investment and development vehicle established and wholly owned by the Government of the Emirate of Abu Dhabi, U.A.E.

They might have some money to fund the development of a high-end resort complex.
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