People Incorporated Proposes $48.30 Per Share Cash Acquisition of MGM Resorts International

People Incorporated proposed acquiring MGM Resorts International for $48.30 per share in cash, according to a recent announcement. The proposal outlines a potential transaction where People Incorporated would purchase all outstanding shares of MGM Resorts International at the specified price.

The offer, made public on Monday, June 1, 2026, at 13:00 GMT, represents a direct bid for the entire equity of MGM Resorts International. The proposal is for a cash transaction, meaning shareholders of MGM Resorts International would receive $48.30 in cash for each share they own if the deal is accepted and finalized.

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Date: June 1, 2026

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GOAI