MGM Mirage Extends Deadline for Possible Merger With Mandalay Resort Group
MGM Mirage extended a Tuesday deadline on a possible merger with Mandalay Resort Group, a deal that could create the largest gambling company in the world.
"We need a couple of extra days to hammer out some details," a source close to the negotiations told The Associated Press. "This is progressing well."
MGM Mirage had said the offer would expire at 5 p.m. PDT on Tuesday. The new deadline for talks, which have been described as friendly, is 5 p.m. PDT Friday.
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