As we noted in our four-part series on Kirk Kerkorian, with his passing, his 16.2% stake in MGM ($MGM) will be sold off. There are a few things that could happen here, including having rival casinos step in and make a play for the stake.
Net-net, the selloff of such a large stake might not be all that bad. There are a few players that are in the market for MGM shares that could lead to catalysts that we look for.
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