Lloyds puts stake in M Resort hotel-casino up for auction

08/16/2010 | Las Vegas Review-Journal

Sources tell the Las Vegas Review-Journal that at least 12 companies, partnerships or individuals have expressed interest in purchasing the 17-month-old M Resort in Las Vegas. Ownership went up for grabs last month when Lloyds Banking Group put its $700 million stake of the hotel-casino's debt up for a private auction.

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