PPLI, MGM

, MGM

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Date: --/--/-- --:--:--
Event Id: E5L2X415I
Action Type: ACQUISITION
Action Status: CANCELLED
Acquirer Symbol:
Target Symbol: MGM
Updated: --/--/-- --:--:--
Purchase Price Per Share: 48.3
Price Per Share Currency: USD
News References: https://www.prnewswire.com/news-releases/mgm-resorts-internationals-board-of-directors-confirms-commitment-to-execution-of-mgm-resorts-strategy-as-a-standalone-company-302888309.html

Action Notes

People Incorporated, previously IAC announced today that it has submitted a non-binding proposal to the Board of Directors of MGM Resorts International to acquire all outstanding shares of MGM that People Incorporated does not already own for $48.30 per share in cash. UPDATE 9/23/2026: MGM Resorts International confirms that People Incorporated has withdrawn its June 1, 2026, proposal to acquire all of the outstanding shares of the Company that it does not already own.