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Tag Archives: business

Mandalay Bay, MGM Grand casinos sold for $4.6B

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[ad_1] MGM Resorts International’s MGM Grand and Mandalay Bay casino properties are being sold for $4.6 billion in a deal involving private equity giant Blackstone Group. A new joint venture between the Blackstone Real Estate Income Trust and MGM Growth Properties will buy the splashy Las Vegas Strip complexes, which …

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Investors fear $1 billion valuation could haunt Casper IPO

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[ad_1] Philip Krim’s obsession with a $1 billion valuation for his fledgling mattress company may be about to backfire. The CEO and co-founder of mattress company Casper Sleep has held off selling the startup numerous times in recent years because he’s been waiting for a $1 billion price tag, sources …

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Saudi Aramco hikes IPO value by nearly $4 billion

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[ad_1] Saudi Aramco has boosted the size of its initial public offering by nearly $4 billion after selling millions of additional shares. Saudi Arabia’s state-run oil giant said Sunday that it’s raised a record $29.4 billion after exercising a “greenshoe option” to sell 450 million more shares than originally planned. …

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Bank of Canada survey says business confidence is up

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[ad_1] The Bank of Canada’s latest business outlook survey suggests business confidence has edged higher as global trade tensions have eased, but the Prairies continue to remain a weak spot. The survey, which is based on interviews with senior management at about 100 firms, says that outside of the energy-producing …

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New Subway boss John Chidsey to take control of advertising

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[ad_1] Subway’s new boss is making moves toward a new national ad strategy that might finally help the beleaguered company put Jared Fogle behind it, The Post has learned. John Chidsey, who took over America’s biggest restaurant chain in November, stunned store operators on Friday by saying he will be …

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