People Incorporated, which owns 26.1% of MGM Resorts International, has proposed to acquire all remaining MGM shares at $48.30 per share in cash, representing a 24.1% premium over the recent 30-day average price. The offer aims to take MGM private, with People Incorporated expecting to control just over 50% of the company post-transaction. The proposal highlights confidence in MGM's assets and management, and the plan includes funding through cash, debt, and equity. The deal is subject to board approval and regulatory clearances, with MGM's current management expected to remain in place.
MGM Resorts International is boosting summer travel in Las Vegas with a variety of events and deals. The offerings include soccer watch parties, major sports events, holiday fireworks, poolside activities, and special vacation packages. These events ...
BetMGM is rolling out new soccer-focused promotions and casino games for the 2026 World Cup, including a $500,000 Goal Rush Grand Prize tied to U.S. men's national team goals. Fans can enjoy early payout bets, free-to-play games like Tim Howard's Pen...
Maple Gold Mines reported new drilling results at its Joutel Gold Project in Québec, revealing high-grade gold mineralization extending up to 450 meters beyond the historic Eagle-Telbel underground workings. The drilling program continues to show str...
Johnson Fistel, PLLP, a shareholder rights law firm, is investigating whether MGM Resorts International's board breached fiduciary duties in a potential go-private transaction involving People, Inc. The investigation focuses on whether the board and ...
BetMGM and Marriott Bonvoy have partnered to offer a sweepstakes where 10 grand prize winners and their guests will receive VIP access to the SI Beyond the Pitch soccer event in New York City on July 18, 2026. Winners get round-trip travel, hotel sta...
