MGM Resorts International – ‘SC 13E4’ on 7/2/98 re: MGM Resorts International – EX-99.(A)(4)

As of:  Thursday, 7/2/98   ·   Accession #:  944209-98-1259   ·   File #:  5-40054

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Tender-Offer Statement — Issuer Tender Offer   —   Schedule 13E-4
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13E4     Tender-Offer Statement -- Issuer Tender Offer          5     25K 
 2: EX-99.(A)(1)  Form of Offer to Purchase                           34    158K 
 3: EX-99.(A)(2)  Form of Letter of Transmittal                       12     54K 
 4: EX-99.(A)(3)  Form of Notice of Guaranteed Delivery                2     16K 
 5: EX-99.(A)(4)  Form of Letter to Brokers, Dealers                   2     13K 
 6: EX-99.(A)(5)  Form of Letter to Clients                            2     13K 
 7: EX-99.(A)(6)  Press Release Dated 6/23/98                          2     12K 
 8: EX-99.(A)(7)  Form of Summary Advertisement                        4±    17K 
 9: EX-99.(A)(8)  Substitute W-9 Tax Guidelines                        4±    16K 
10: EX-99.(G)(1)  Exhibit 13 to Company's Annual Report on Form       37    182K 
                          10-K                                                   
11: EX-99.(G)(2)  Certain Pages of the Company's Form 10-Q             9     47K 
12: EX-99.(G)(3)  Consent of Independent Accountants                   1      6K 

EX-99.(A)(4)   —   Form of Letter to Brokers, Dealers

EX-99.(A)(4)
1st Page of 2
TOC
↑Top
Previous
Next
↓Bottom
Just 1st
 
                                                                EXHIBIT (a)(4)

MERRILL LYNCH & CO.                                                             
WORLD FINANCIAL CENTER                                                          
NORTH TOWER                                                                     
NEW YORK, NEW YORK 10281                                                        

OFFER TO PURCHASE FOR CASH  
UP TO 6,000,000 SHARES OF COMMON STOCK  
OF  
MGM GRAND, INC. 

AT  

$35.00 NET PER SHARE  

------------------------------------------------------------------------------- 

 THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M.,
NEW YORK CITY TIME, ON FRIDAY, JULY 31, 1998, UNLESS EXTENDED.                

------------------------------------------------------------------------------- 

To Brokers, Dealers, Commercial Banks,                                          
Trust Companies and other Nominees:                                           

We are enclosing the material listed below relating to the offer by MGM     
Grand, Inc., a Delaware corporation (the "Company"), to purchase up to          
6,000,000 shares of its Common Stock, par value $.01 per share (the "Shares")   
at $35.00 per Share, net to the seller in cash, upon the terms and subject to   
the conditions set forth in the Offer to Purchase dated July 2, 1998 and the    
related Letter of Transmittal (which together constitute the "Offer").          

We have been engaged by the Company to act as Dealer Manager with respect to
the Offer. We are asking you to contact your clients for whom you hold Shares   
registered in your name (or in the name of your nominee) or who hold Shares     
registered in their own names. Please bring the Offer to their attention as     
promptly as possible. No fees or commissions will be payable to brokers,        
dealers or other persons for soliciting tenders of Shares pursuant to the       
Offer. The Company will, however, upon request, reimburse you for customary     
mailing and handling expenses incurred by you in forwarding any of the          
enclosed materials to your clients. The Company will pay all transfer taxes on  
its purchase of Shares, subject to Instruction 6 of the Letter of Transmittal.  

Enclosed herewith are copies of the following documents:                    

1. Offer to Purchase dated July 2, 1998;                                

2. Letter of Transmittal;                                               

3. Guidelines for Certification of Taxpayer Identification Number on    
Substitute Form W-9;                                                        

4. Notice of Guaranteed Delivery;                                       

 5. Form of letter which may be sent to your clients for whose account you
hold Shares in your name or in the name of your nominee, with space         
provided for obtaining such clients' instructions with regard to the Offer; 
and                                                                         

6. Return envelope addressed to the Depositary.                         

We urge you to contact your clients promptly. Please note that, unless      
extended, the Offer, the proration period and withdrawal rights will expire at  
5:00 p.m., New York City time, on Friday, July 31, 1998.                        

The Offer is not being made to, nor will tenders be accepted from, or on    
behalf of, holders of Shares residing in any jurisdiction in which the making   
or acceptance thereof would not be in compliance with the laws of such          
jurisdiction.                                                                   

As described in the Offer to Purchase, if more than 6,000,000 Shares have   
been validly tendered and not withdrawn prior to the Expiration Date, as        
defined in Section 1 of the Offer to Purchase, the Company will accept Shares   
for purchase in the following order of priority: (i) all Shares validly         
tendered and not withdrawn prior to the Expiration Date by any stockholder who  
owned beneficially, as of the close of business on June 30, 1998, and who       
continues to own beneficially as of the Expiration Date, an aggregate of fewer  
than 100 Shares and who validly tenders all of such Shares (partial tenders     
will not qualify for this preference) and completes the box captioned "Odd      
Lots" in the Letter of Transmittal and, if applicable, the Notice of            
Guaranteed Delivery; and (ii) after purchase of all of the foregoing Shares,    
all other Shares validly tendered and not withdrawn prior to the Expiration     
Date on a pro rata basis.                                                       

EX-99.(A)(4)
Last Page of 2
TOC
1st
Previous
Next
↓Bottom
Just 2nd
THE BOARD OF DIRECTORS OF THE COMPANY HAS APPROVED THE OFFER. HOWEVER,      
STOCKHOLDERS MUST MAKE THEIR OWN DECISIONS WHETHER TO TENDER SHARES AND, IF     
SO, HOW MANY SHARES TO TENDER. NEITHER THE COMPANY NOR ITS BOARD OF DIRECTORS   
MAKES ANY RECOMMENDATION TO ANY STOCKHOLDER AS TO WHETHER TO TENDER OR REFRAIN  
FROM TENDERING SHARES. THE COMPANY HAS BEEN ADVISED THAT NONE OF ITS            
DIRECTORS, SENIOR EXECUTIVE OFFICERS OR PRINCIPAL STOCKHOLDER INTENDS TO        
TENDER ANY SHARES PURSUANT TO THE OFFER.                                        

Additional copies of the enclosed material may be obtained from the         
undersigned or the Information Agent. Any questions you may have with respect   
to the Offer should be directed to the Information Agent or the undersigned at  
their respective addresses and telephone numbers set forth on the back cover    
of the enclosed Offer to Purchase.                                              

                     Very truly yours,

                       Merrill Lynch & Co.

NOTHING CONTAINED HEREIN OR IN THE ENCLOSED DOCUMENTS SHALL CONSTITUTE YOU  
AS THE AGENT OF THE COMPANY, THE DEALER MANAGER, THE INFORMATION AGENT OR THE   
DEPOSITARY, OR AUTHORIZE YOU TO USE ANY DOCUMENT OR MAKE ANY STATEMENT ON       
THEIR BEHALF IN CONNECTION WITH THE OFFER OTHER THAN THE DOCUMENTS ENCLOSED     
HEREWITH AND THE STATEMENTS CONTAINED THEREIN.                                  

2 

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘SC 13E4’ Filing		Date		First		Last			Other Filings
		7/31/98		1
		7/10/98
Filed on:		7/2/98		1
		6/30/98		1					10-Q
									List all Filings