On Monday, Blackstone Inc. (NYSE:BX) shares declined by about 2% after agreeing to sell the Metropolitan casino and hotel business in a deal with $5.65 billion. MGM Resorts International (NYSE:MGM) is buying the hotel and casino business for $1.6 billion, while Blackstone real estate investment trust will acquire the real estate property for $4 billion. […]
Full ArticleShould you buy Blackstone shares as it agrees to sell Cosmopolitan for $5.65 billion?
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