LOS ANGELES: MGM Resorts International is closing in on a restructuring decision, with a real estate investment trust still one possibility, chairman and chief executive officer James Murren said.
The choices had narrowed to “less than a handful,” Murren said in an interview on Monday at his office at MGM’s Bellagio hotel on the Las Vegas Strip. He didn’t specify other possible steps and said the board could still do “nothing at all.” The company expected to meet a goal of deciding by year-end, if not sooner, Murren said.
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