Shares In Barry Diller’s People Inc. Surge On Report Of Role-Reversal Acquisition Bid From MGM Resorts

Shares in Barry Diller’s People Inc. surged 9% in early trading Friday after a report of an unusual role-reversal acquisition bid from MGM Resorts. Earlier this week, People said it was dropping its $18 billion plan to acquire full control of MGM Resorts, in which it already holds a 27% stake. The overture was made […]

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