MGM Resorts buyout offer withdrawn after 4 months of negotiations

Sincity Press Staff 1 hour ago 1 min read 3
Sincity Press Brief

People Inc.'s $18 billion bid to take over MGM Resorts International was withdrawn on Wednesday, according to MGM.

MGM Resorts International said Wednesday that People Inc. has withdrawn its $18 billion bid to acquire the company, concluding four months of negotiations.