Expected IPO Price Is Raised by Sands
From Reuters
Las Vegas Sands Corp., which owns Nevada’s Venetian Casino Resort, raised the expected price of its proposed initial public offering to $24 to $26 per share from $20 to $22 each.
Under the terms disclosed in a government filing, the company could raise as much as $619 million, up 18% from the previous terms announced last month.
From Reuters
* Shareholders of Mandalay Resort Group approved a merger with MGM Mirage Inc. that would create one of the world’s largest casino companies. The transaction is subject to state and federal regulatory approval.
