Press Release: MGM Growth Properties : VICI Properties Inc. Completes $17.2 Billion Strategic Acquisition of MGM Growth Properties LLC

NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) ("VICI," "VICI Properties" or the "Company"), an experiential real estate investment trust, today announced it has closed on the previously announced acquisition of MGM Growth Properties LLC (NYSE: MGP) ("MGP"). Upon completion of the merger, VICI will have an estimated enterprise value of approximately $44.0 billion, firmly solidifying VICI's position as the largest experiential net lease REIT while also advancing VICI's strategic go