The exact timing of when Mandekic will be formally appointed as executor was not currently known, Tracinda said in the filing with the U.S. Securities and Exchange Commission. (1.usa.gov/1BkVX7a)
It was not immediately clear from the filing whether Tracinda would sell its entire stake as stipulated in the will.
“Tracinda continues to believe that there is substantial value in the assets of MGM Resorts and that the company is a good long-term investment,” it said in the filing.
(Reporting by Sagarika Jaisinghani in Bengaluru- Editing by Sriraj Kalluvila)
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