Wall Street Journal |
Blackstone Goes All In After the Flop
Wall Street Journal The deal caps a series of major real-estate investments in Las Vegas by Blackstone. Over the past two years, the New York-based company has acquired about $3.5 billion of property in the city and other parts of Nevada, say people close to the firm. Deutsche Bank divests lossmaking Las Vegas gambling for $1.7bn Deutsche Bank sells swanky but unprofitable Cosmopolitan casino in Las Vegas … Deutsche Bank sells Vegas casino for $1.73 billion |