People Incorporated withdraws bid to acquire MGM Resorts

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Go back to People Incorporated withdraws bid to acquire MGM Resorts

MGM Resorts International's Board of Directors Confirms Commitment to Execution of MGM Resorts' Strategy as a Standalone Company

September 23, 2026 6:28 PM EDT

Company Confirms People Incorporated Has Withdrawn its Proposal to Acquire MGM Resorts

LAS VEGAS, Sept. 23, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") confirms that People Incorporated ("People") has withdrawn its June 1, 2026, proposal to acquire all of the outstanding shares of the Company that it does not already own. Over the past... More