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Published on 9/25/2007 in the Prospect News Special Situations Daily.

Tender offer for MGM Mirage extended

By Lisa Kerner

Charlotte, N.C., Sept. 25 - Dubai World subsidiary Infinity World Investments LLC extended its $84-per-share tender offer for up to 14.2 million shares of common stock of MGM Mirage until 11:59 p.m. ET on Oct. 5.

MGM Mirage stockholders had tendered 730,271 shares as of the close of business on Sept. 24, the date the offer was originally slated to end, according to a company news release.

MacKenzie Partners, Inc. (800 322-2885) is the information agent, and Mellon Investor Services LLC is the depositary in connection with the offer.

It was previously reported that Dubai World will invest some $5 billion in MGM Mirage under a definitive agreement signed by the companies. The investment, part of a long-term strategic relationship, includes a $2.7 billion investment in the Las Vegas development project CityCenter and up to $2.4 billion in purchases of MGM Mirage common stock.

MGM Mirage is a Las Vegas gaming company.


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