MGM Mirage has hired UBS to review strategic alternatives for the casino and hotel chain at the instigation of majority shareholder Tracinda, the investment vehicle for billionaire Kirk Kerkorian.

The MGM Mirage board of directors formed a transactions committee earlier this month to consider strategic alternatives that could include a restructuring of the business or a sale of its assets.

Stephanie Baum in New York

MGM Mirage

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MGM Mirage hires advisor for sale

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