Barry Diller’s Company Tried to Buy MGM. Now MGM May Buy It.
MGM weighs potential bid for People Incorporated (PPLI) after earlier takeover talks flip. PPLI stock surges 9% on news.
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MGM’s sharp sell-off left shares oversold near support, while heavy volume may signal seller capitulation and set the stage for a reversal.
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MGM weighs potential bid for People Incorporated (PPLI) after earlier takeover talks flip. PPLI stock surges 9% on news.
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https://www.wsj.com/business/hospitality/mgm-resorts-eyeing-bid-for-barry-dillers-people-incorporated-b506c037