Financial Times FT.com

MGM Mirage purchase tops US deals league

By James Politi in New York

Published: December 21 2004 22:02 | Last updated: December 21 2004 22:02

MGM Mirage's $7.3bn purchase of Mandalay Resorts was the top US deal of the year in terms of the acquiring company's stock market performance, according to data compiled by Dealogic for the Financial Times (see table below).

The transaction was sealed in June and blessed by Kirk Kerkorian, the octogenarian Nevada billionaire who controls MGM Mirage, the entertainment company.

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