Business
MGM Resorts Stock Plunges 9% After Barry Diller’s People Inc. Withdraws Takeover Bid
People Inc. rescinded its $48.30-per-share offer to acquire MGM Resorts, citing deal complexity and debt concerns, sending shares down 9%.
People Inc. rescinded its $48.30-per-share offer to acquire MGM Resorts, citing deal complexity and debt concerns, sending shares down 9%.