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'We're Done': MGM Resorts Ends Merger Talks With Barry Diller’s People Inc.
The pact limits People Inc’s stake to 29.9% and requires its votes to follow MGM’s board on any change-of-control deal.
10 Articles
10 Articles
'We're Done': MGM Resorts Ends Merger Talks With Barry Diller’s People Inc.
A new pact between MGM Resorts and Barry Diller's People Inc. effectively ends merger talks. It's uncertain who else might want to buy an operator whose Las Vegas resorts have been sliding for two years.
·New York, United States
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Barry Diller and People Inc. cap MGM Resorts stake at 30% after takeover bid ends
The company that operates Bellagio, MGM Grand and Mandalay Bay said it amended an agreement with Diller and People, already its largest shareholder. People and Diller promised not to buy ...
·Henderson, United States
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MGM Resorts amends voting agreement after People Inc withdraws takeover ...
·London, United Kingdom
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Total News Sources10
Leaning Left1Leaning Right2Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
Factuality
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