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July 24, 1991 | SUSAN MOFFAT, TIMES STAFF WRITER
MGM-Grand Inc. announced Tuesday that it was selling the Desert Inn Hotel and Casino in Las Vegas to financier Kirk Kerkorian's Tracinda Corp. for $130 million, far below the price it hoped for when it first put the property on the market a year ago.
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BUSINESS
July 24, 1991 | SUSAN MOFFAT, TIMES STAFF WRITER
MGM-Grand Inc. announced Tuesday that it was selling the Desert Inn Hotel and Casino in Las Vegas to financier Kirk Kerkorian's Tracinda Corp. for $130 million, far below the price it hoped for when it first put the property on the market a year ago.
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