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Hard Natural stone Reportedly in Due Diligence to invest in The Cosmopolitan of Las Vegas

Really hard Rock could be looking to enlarge to the Vegas Strip, depending on new game of studies

RENOVATION (Nov. 21 years old, 2018): The particular Cosmpolitan provides denied often the rumors regarding its possibilities sale. The very casino claimed in an recognized statement that no good discounts is into consideration at this point.

Hard Natural stone International is certainly reportedly in due diligence to invest in The Cosmopolitan of Sin city hotel together with casino turn. The glitzy Strip property was bought by a trademark of multi-national private equity firm Blackstone Group meant for $1. seven billion back in the spring of 2014.

Within the recent twitter, popular blog page about anything Vegas-related Critical Vegas stated, citing un named sources, in which Hard Natural stone is definitely continue to in sufficient research to acquire Cosmo and that slow downs in the exchange deal was caused by the particular 'union situation' at the real estate.

The latest Essential Vegas twitter update followed up reports by the blog site from prior this year, reported by which the Florida-headquartered gaming and even hospitality large was circling The Modern and even moved into due diligence to invest in it . Vital Nevada also disclosed this past spring that lay-offs were coming about at the residence and its credit lines were being discussed to make it more pleasing to a possibilities buyer.