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VICI Properties Inc. Announces First Transaction With Cabot and Entry Into 'Destination Golf Experience' Sector

Press release content from Business Wire. The AP news staff was not involved in its creation. ....

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Caesars spinoff VICI closes on big Vegas Strip property deal

LAS VEGAS (AP) A big casino landlord closed its acquisition of MGM Resorts. ....

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Caesars spinoff VICI closes on big Vegas Strip property deal

LAS VEGAS (AP) A big casino landlord closed its acquisition of MGM Resorts. ....

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VICI Properties Inc. Completes $17.2 Billion Strategic Acquisition of MGM Growth Properties

VICI Properties Inc. (NYSE: VICI) (“VICI,” “VICI Properties” or the “Company”), an experiential real estate investment trust, today announced it has closed on the previously announced acquisition of MGM Growth Properties LLC (NYSE: MGP) (“MGP”). Upon completion of the merger, VICI will have an estimated enterprise value of approximately $44.0 billion, firmly solidifying VICI’s position as the largest experiential net lease REIT while also advancing VICI’s strategic goals of portfolio enhancement and diversification.Simultaneous with the closing of the MGP acquisition, the Company entered into an amended and restated triple-net master lease with MGM Resorts International (NYSE: MGM) (“MGM Resorts” or “MGM”). ....

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