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News 2026-09-29 14:24 UTC

People Inc shareholder HighSage backs MGM's possible takeover proposal

People Inc NASDAQ:PPLI shareholder HighSage Ventures said on Tuesday it would support MGM Resorts' NYSE:MGM potential offer to take the magazine publisher private, adding that coming to terms on such a deal would be a "win-win".The Wall Street Journal reported last week that MGM was discussing maki…