MGM Grand starts offering of common stock buyback rights.

Los Angeles Business Journal | July 22, 1991 | Copyright

MGM Grand starts offering of common stock buyback rights

MGM Grand Inc. said its registration statement covering rights to purchase its common stock went into effect and the rights offering has started.

Stockholders of record on July 16 will be able to purchase one share of common stock at the subscription price of $12 a share. The rights will be traded on the New York Stock Exchange under the symbol MGMRT and ...

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