MGM Expected to buy Sands Bethlehem

A couple days old on this but in case you all didn't see, Sands employees were supposedly told the place would be sold. Now it looks like MGM is buying it. The security guards voted to unionize and Sheldon isn't a fan of unions. I always liked the place but never felt comfortable giving him my money.

 

I hope this is true. I grew up in Bethlehem, still have relatives there and go to the area a couple of times a year.

 

Found this article. Sounds like it's going to happen.
http://www.mcall.com/business/mc-bethlehem-sands-casino-sale-20170303-story.html

 

If this is the wrong section I apologize and politely ask it to be moved.
MGM is spreading everywhere. Just these days I read that the Sands Bethlehem is being sold to MGM for about 1.3 Billion, news post 03/08/17.
I should seriously consider buying their stock?!? What do you think???

 

Watch Macau, MGM's casino licenses comes due in 2020 and with Trump who knows if the Chinese will renew them for an American company. For Wall Street, 2020 is almost right around the corner. Also it has been my experience that many companies are better at buying assets at the top then at the bottom.

 

You shouldn't be buying any individual stocks. Just put your money into VTSAX and then sit back and rake in the bucks. That's what I do and why I get to waste lots of money in casinos.