Deutsche Bank sells Las Vegas casino to Blackstone for $1.7 bln
May 15, 2014 at 10:24 AM EDT
FRANKFURT, May 15 (Reuters) - Deutsche Bank said it struck a deal to sell its casino complex in Las Vegas to buyout group Blackstone for $1.73 billion in cash, drawing a line under an unwanted investment that has weighed on its balance sheet for years.
