Dubai World, via its Infinity World Investments subsidiary, said Tuesday it is extending its tender offer for shares of MGM Mirage (MGM).
The company's new deadline for the offer for up to 14.2 million shares at $84 each is 11:59 p.m. EDT on Oct. 5.
All other terms and conditions of the tender offer, part of a multi-tiered deal Dubai World has cut with the gambling giant, remain unchanged.
As of the close of business on Sept. 24, MGM Mirage stockholders had tendered just 730,271 shares.
The company's new deadline for the offer for up to 14.2 million shares at $84 each is 11:59 p.m. EDT on Oct. 5.
All other terms and conditions of the tender offer, part of a multi-tiered deal Dubai World has cut with the gambling giant, remain unchanged.
As of the close of business on Sept. 24, MGM Mirage stockholders had tendered just 730,271 shares.