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Report: Talks break off between MGM Mirage, Colony Capital

Talks between MGM Mirage and Los Angeles investment company Colony Capital about a possible investment in the struggling gaming company have collapsed, the Wall Street Journal reported Thursday night.

The Journal reported earlier this week that Colony Capital and Australia-based gaming company Crown Ltd. were discussing making an investment in the gaming company, which would be secured by one or more of the gaming company's casino properties.

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