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CityCenter in Las Vegas

MGM Mirage has all but 0 million in funding necessary to build the .2 billion CityCenter in Las Vegas. The company recently announced that it secured $2.3 billion of the $3 billion outstanding on the project, but MGM Mirage President Jim Murren said financing would be completed by the end of September. Murren said the company has commitments for the outstanding funds, and is negotiating with banks in what he described as “a spirited debate over pricing.”

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