Barry Diller Launches $12.4 Billion Bid to Take MGM Resorts Private
MGM says the offer undervalues the company as takeover talks continue.
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Barry Diller’s People Inc. Prepares $18 Billion Takeover Bid for MGM Resorts
People Inc. may buy the rest of MGM for $48.30/share, valuing it at $18B+, but the deal is not final yet.
MGM Stock Surges as Analysts Predict Las Vegas Comeback
MGM Resorts shares jumped after Truist and JPMorgan upgraded the stock. Analysts cite returning visitors, strong events, and improving Las Vegas Strip demand.
MGM Resorts Posts Strong Q4 Growth Driven by Casino Revenue
MGM Resorts expects Q4 profit to more than double to $293.6M, beating analyst estimates, while BetMGM swings to profitability with strong online gaming growth.
Macau Casino Stocks Drop: Why Weak Travel Data is Causing Investor Worry
Weak travel data from China's Golden Week holiday caused major casino operators like Las Vegas Sands and Wynn Resorts to see their share prices fall.