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Las Vegas Sands sells its Las Vegas property and operations for $6 25 billion to Apollo, VICI Properties

Shares of Las Vegas Sands Corp. rallied 3.0% in premarket trading Wednesday, after the casino operator announced agreements to sell its Las Vegas property and operations for $6.25 billion to Apollo Global Management and VICI Properties Inc. Apollo's stock was still inactive ahead of the open, while VICI shares fell 1.0%. Under terms of the deal, Apollo will buy the operating company of The Venetian, which includes the Venetian Resort and the.

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