MGM Mirage's US$7.65 billion ($12.3 billion) bid for rival casino company Mandalay Resort Group is an attempt to gain dominance over the Las Vegas Strip.
MGM Mirage has offered US$68 a share in cash and would assume US$2.8 billion in debt to buy the Mandalay, which said it would respond, "in due course".
The combined company would own 11 casinos-resorts on the Las Vegas Strip.
MGM gambles on ruling Las Vegas
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