MGM Resorts Stock Rises After People Inc.'s Takeover Bid

MGM Resorts International (MGM) stock surged over 14% after Barry Diller's media company, People Inc., submitted a $18 billion bid to acquire the casino and resort operator. The offer includes cash for all outstanding shares at $48.30 per share, representing a significant premium.

By Grace O'Donnell · Editor, Special Projects Mon, June 1, 2026 at 6:20 PM GMT+3 1 min read · Yahoo Finance · June 1, 2026, 15:20 UTC

MGM Resorts Stock Rises After People Inc.'s Takeover Bid

Tickers: $MGM

Topics: Corporate Strategy M&A Stock Movement

Read the full article at Yahoo Finance

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