Mgm Resorts International (MGM) news

MGM Resorts International: Argus Research raises target price to $55 from $45

Entain 1H net gaming revenue GBP2.81B, estimated GBP2.69B

Entain plc (LSE: ENT), the global sports betting and gaming group, reported net gaming revenue (NGR) of £2.81 billion for the first half of 2026, exceeding the estimated £2.69 billion . This performance reflects the Group’s continued expansion and operational improvements across its international…

People Inc appointing Neil Vogel as CEO

Barry Diller’s Interactive Corp. (IAC) has announced a major rebranding to People Inc., marking a strategic shift in the company’s focus and leadership structure. As part of the transition, Neil Vogel, who previously served as CEO of the People division, will assume the role of CEO for the entire…

Yakira urges People board to withdraw MGM buyout bid

Barry Diller’s People Inc. has proposed to acquire the remaining shares of MGM Resorts International at $48.30 per share, valuing the casino operator at over $18 billion, including debt assumption . The offer represents a 10.6% premium to MGM’s closing price on Friday and would give People Inc. a…

Yakira Capital Management: urge People board to withdraw MGM acquisition proposal and prioritize share repurchases

Yakira Capital Management, a shareholder of People Incorporated, has urged the company's board to reconsider its proposed $48.30-per-share cash acquisition of MGM Resorts International and instead prioritize capital allocation through share repurchases. Yakira argues that the premium offer, while…