People Inc. Continues To Hold 66.8M Shares Representing ~27% Of MGM Resorts; Remain Open To Strategic Transaction With MGM Resorts; "What Is Undimmed Is Our Belief In Future Of MGM Resorts"
https://www.wsj.com/business/hospitality/barry-diller-withdraws-bid-for-mgm-resorts-c2cdb136
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Why It Matters
A big owner of MGM Resorts still holds about 27% of the company. They say they believe in MGM's future and might work together on a deal.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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