MGM Resorts buyout bid raises questions over Macau unit and Japan project

Diller offers $18B for Borgata parent company MGM

ATLANTIC CITY — Billionaire Barry Diller offered Monday to buy casino giant MGM Resorts International, the parent company of Atlantic City's Borgata Hotel Casino & Spa, for $18 billion.

Asia Gaming eBrief: MGM China disruption unlikely from People Inc. bid

Leverage can turn a deal into a test. CreditSights says People Inc.’s proposed takeover of MGM Resorts should have limited immediate impact on MGM China’s operations, but the debt question is doing the heavy lifting. The post Asia Gaming eBrief: MGM China disruption unlikely from People Inc. bid first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

MGM Resorts buyout bid raises questions over Macau unit and Japan project

A proposed takeover of MGM Resorts International by its largest shareholder, U.S. conglomerate People Inc, could reshape the casino operator’s global portfolio, with analysts focusing on potential implications for its Macau business and Japan expansion plans. People Inc, formerly known as IAC Inc, has submitted a non-binding all-cash offer of USD48.30 per share for MGM Resorts, valuing the company at more than USD18 billion, including around USD…