Brief: Director sells Primadonna stock
Tuesday, Jan. 26, 1999 | 11:05 a.m.
MGM Grand Inc.'s acquisition of Primadonna is scheduled to be completed this quarter in a transaction that calls for MGM to exchange one share of its stock for every three shares of Primadonna.
In the past year, several other Primadonna insiders have sold shares, including company chairman Gary Primm, who received nearly $18.2 million from the sale of 1,025,000 shares, according to SEC filings.
Neither Rogich nor Primadonna executives could be reached for comment on the sales.
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