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Home›US Markets›M&A & Deals›MGM weighs People Inc offer after People withdrew its…

MGM weighs People Inc offer after People withdrew its bid

Reported · Written up by our desk · M&A & Deals

MGM is exploring an offer for People Inc., according to the Wall Street Journal, after People Inc. withdrew its proposal to buy the rest of MGM.

The People Inc. bid had valued shares at $48.30 per share, before the company pulled the offer.

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Sources

CNBC MarketsMGM CEO leaves door open to People Inc. bid as casino dealmaking heats up

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