April 29, 2022
Weil advised MGM Resorts International (MGM Resorts) in its $17.2 billion sale of MGM Growth Properties LLC (MGP) to VICI Properties Inc., in a transaction that included the redemption of a majority of MGM Resorts’ units in MGP’s operating partnership for approximately $4.4 billion in cash. The transaction closed on April 29, 2022.
The Weil team that advised MGM Resorts was led by Mergers & Acquisitions partner Michael J. Aiello and included Mergers & Acquisitions partners Sachin Kohli and Michelle Sargent, Mergers & Acquisitions counsel Kimberly Thibault and Mergers & Acquisitions associates Michael Chenkin and Karl de la Roche. The team also included Real Estate partners Michael Bond, Nellie Camerik and Jannelle Seales; Real Estate attorney Leslie Smith; Real Estate associate Lauren Burgos; Tax Head Joseph Pari; Tax partner Dave Levy; Tax associate Brian Senie; Executive Compensation & Benefits Head Paul Wessel; Public Company Advisory Group associate Shira Barron; Technology & IP Transactions Co-Head Charan Sandhu; Technology & IP Transactions/Privacy associate Catherine Kim; Environmental Head Annemargaret Connolly; Environmental counsel Matthew Morton; Antitrust Head Steven Newborn; Antitrust partner Brianne Kucerik; and Employment Litigation associate Omar Abdel-Hamid (Not Yet Admitted in New York).