Mirage Resorts was an American corporation that owned and operated hotel-casinos. It was created in 1989, having previously been called Golden Nugget Companies. Much of the financing was obtained in cooperation with Mike Milken.[1]
The company was merged into the MGM Mirage when it was purchased for $6.4 billion, of which $2 billion was assumption of outstanding debt, after an initial all-cash offer of $17 and a final offer of $21. The company was majority owned by Las Vegas, Nevada casino developer, Steve Wynn, who was also the Chairman and CEO of the Mirage Resorts.