MGM Resorts International announced it received a cash offer from People Incorporated to buy all outstanding shares it does not already own at $48.30 per share. The MGM board will review the proposal to decide the best course of action for shareholders. Shareholders are advised no immediate action is needed. The company remains focused on its core gaming entertainment business while considering the offer, which may or may not lead to a deal.
BetMGM, a leading North American sports betting and iGaming operator jointly owned by MGM Resorts and Entain, will publish its business update for the second quarter of 2026 on July 28. The company will host a live audio webcast and Q&A session for i...
Bleichmar Fonti & Auld LLP is investigating Barry Diller's $48.30 per share offer to acquire the remaining shares of MGM Resorts International due to potential breaches of fiduciary duty. Diller, a board member and largest shareholder through People,...
