UPDATE 3-Tracinda to explore options for MGM Mirage stake

Newswire

(Recasts, adds details, comment, background, adds byline) By Jessica Hall and Lisa Baertlein PHILADELPHIA/LOS ANGELES, May 21 (Reuters) - Billionaire Kirk Kerkorian's Tracinda Corp. said on Monday it is exploring options for its 56 percent stake in MGM Mirage Inc. and will enter talks to buy MGM's Bellagio and its $7.4 billion CityCenter development on the Las Vegas Strip. Tracinda said its move could result in a financial restructuring of the remainder of the casino company, which ...

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