BUZZ - Reports suggest MGM is considering making an acquisition offer, prompting a surge in People Inc’s stock price.
路透社2026/09/24 22:16September 24 - ** Shares of People Inc (PPLI.O) rose 8.5% in after-hours trading to $39
** The Wall Street Journal reported that MGM Resorts International (MGM.N) is considering making an acquisition offer for People Inc, which is controlled by Barry Diller (link)
** On Wednesday, PPLI withdrew its offer to acquire MGM Resorts (link)
** People Inc declined to comment, while MGM has not immediately responded to Reuters' request for comment
** MGM shares edged up slightly in after-hours trading
** As of the close of the previous trading day, PPLI has fallen 8.1% so far this year
(To facilitate non-native English speakers, Reuters offers automated translations of its reports into several other languages. Automated translation may contain errors or fail to include the required context, and Reuters does not guarantee the accuracy of the automated translation text. It is provided solely for readers’ convenience. Reuters accepts no liability whatsoever for any damage or loss resulting from the use of automated translation.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum’s $2,540 Retest Becomes Key Test for the Rally
Canton Network breaks 2 month range! – CC’s run to $0.15 depends on THIS zone
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.