Press release
June 1, 2026
People Incorporated Proposes to Acquire MGM Resorts International for $48.30 Per Share in Cash
People Inc (PPLI)
NEW YORK, June 1, 2026 /PRNewswire/ -- People Incorporated, previously IAC (NASDAQ: IAC), announced today that it has submitted a non-binding proposal to the Board of Directors of MGM Resorts International (NYSE: MGM) to acquire all outstanding shares of MGM that People Incorporated does not