NEW YORK - MGM Mirage shares surged Tuesday after the casino operator said it would cut prices by 30 percent on some condos when already lined up buyers close on deals at its $8.5 billion CityCenter development in Las Vegas.
MGM Mirage said Monday that CityCenter will start closing on the nearly 2,400 units at the lowered prices in January. More than half of the units are under contract.
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