UPDATED: MGM Resorts International Inks Voting Agreement With People Incorporated; People, Barry Diller Agree To Vote All Their MGM Resort Shares; Not To Buy MGM Resorts Shares If It Exceeds 29.9% Stake
MGM Resorts International ("MGM Resorts" or the "Company") today announced that it has amended its existing Voting Agreement with People Incorporated ("People") (as amended, the
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Why It Matters
MGM Resorts made a deal with a big shareholder called People Incorporated. People agreed to stop buying MGM shares once it owns about 30 percent.
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