MGM China: Biggest Hong Kong IPO in 2011

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Posted on June 6, 2011 at 8:06 PM



As recently mentioned in the New York Times, the joint deal between MGM Resorts International and Pansy Ho, daughter of Hong Kong casino mogul Stanley Ho and chairwoman of MGM China, hit $1.5 billion in it’s first public offering.  Shares of MGM China will be priced at $15.34 (HKD), $1.97 USD.  Based on it’s total proce...

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