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WSJ News Exclusive | Blackstone Selling Vegas Casino, Firm’s Most Profitable Property Deal

Blackstone Inc. has reached an settlement to promote the Cosmopolitan casino and resort at the Las Vegas Strip for $5.65 billion, the corporate stated on Monday, and informed buyers in a non-public letter that the sale is the corporate’s maximum successful of a unmarried asset ever. Blackstone acquired the two-tower property for approximately $1.8 billion seven years in the past…