Three insiders sell shares
Tuesday, Nov. 9, 1999 | 11:16 a.m.
Three MGM Grand Inc. insiders have registered to sell stock in the Las Vegas-based casino company.
MGM Director Gary Primm plans to sell 100,000 shares for an expected consideration of $4.8 million, while MGM Grand Secretary-Treasurer Scott Langsner is selling 6,041 shares for an expected $308,091.
Robert Armstrong, an attorney and trustee for Primm, is selling 13,843 shares for $680,000.
The Primm MGM Grand shares were acquired when the company bought Primaddona Resorts Inc.
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