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Barry Diller’s People Inc bids $18bn for MGM Resorts, raising questions over Entain’s BetMGM stake

People Inc’s $18bn cash offer for MGM Resorts, at a 10.6% premium, may prompt MGM to buy out Entain’s BetMGM stake. MGM, a leading casino and hotel operator, is 26.1% owned by People Inc.

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