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MGM reviews $18 billion takeover proposal as digital growth boosts
By Editorial profile image Editorial

MGM reviews $18 billion takeover proposal as digital growth boosts

MGM Resorts International said it is continuing to evaluate an $18 billion takeover proposal from People Incorporated while reporting modest revenue growth and sharply higher profit for the second quarter.

MGM Resorts International said it is continuing to evaluate an $18 billion takeover proposal from People Incorporated while reporting modest revenue growth and sharply higher profit for the second quarter.

The second-quarter consolidated revenue rose 1% year over year to $4.5 billion, while net profit attributable to MGM jumped 497%.

By Editorial profile image Editorial
Updated on
Operators MGM Resorts International People Incorporated Digital Business Las Vegas Operations