Report: Owner exploring sale of the Cosmopolitan


Steve Marcus

An exterior view of the Cosmopolitan on the Las Vegas Strip Dec. 26, 2017.

Wed, Apr 17, 2019 (1:14 p.m.)

Blackstone Group LP is exploring a sale of the Cosmopolitan hotel and casino, the rare instance of a major casino on the Las Vegas Strip coming to the market, according to The Wall Street Journal.

Deutsche Bank AG and PJT Partners Inc. have been retained to explore strategic alternatives for the property, including a sale, people familiar with the matter said.

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