IAC Inc. - 8-K Filing
People Incorporated proposed to acquire all outstanding shares of MGM Resorts International not already owned by it at $48.30 per share in cash, representing a premium over recent stock prices. The proposal is non-binding and subject to customary conditions; People currently owns 26.1% of MGM. (Items: 7.01 Regulation FD Disclosure, 9.01 Financial Statements and Exhibits Exhibits)
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