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News 2026-09-23 22:29 UTC

MGM Resorts International (MGM) Says Bidder Withdraws Takeover Proposal

MGM Resorts International said People Incorporated has withdrawn its June 1, 2026 proposal to acquire the shares it does not own. MGM will continue as a standalone company.Material DetailsContext by AI AnalystThis is a late-stage update ending months of M&A speculation around MGM’s potential sale…