- MGM Resorts is exploring a bid to acquire People Inc., swapping roles in the companies' ongoing merger discussions.
- People Inc. stock jumped about 10% on the report of MGM's takeover interest.
- MGM's specific intentions remain unclear, but the casino operator is discussing making an offer for People Inc.
Quotes
“MGM Resorts is now exploring a bid to buy People Inc., reversing their previous roles, according to The Wall Street Journal.”