MGM Resorts stock surges on Diller takeover bid report
Corroborated by 2 sources from 2 publishers
TL;DR
Reports differ across sources; according to finance.yahoo.com, mGM Resorts International (NYSE:MGM) has received a non-binding, all-cash takeover proposal from American billionaire and media mogul Barry Diller’s People Inc, formerly IAC, (NASDAQ: IAC) to acquire the 73.9% of the company it does not already own at $48.30 per share.
Sources
1
Investing.com News
https://www.investing.com/news/stock-market-news/mgm-resorts-stock-surges-on-diller-takeover-bid-report-4719140
2
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/mgm-resorts-shares-rally-report-125458172.html
3
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/article/mgm-resorts-stock-jumps-as-barry-dillers-people-inc-makes-bid-to-take-over-the-company-152002320.html
4
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/mgm-resorts-international-receives-cash-160800871.html