MGM Stock News: MGM Resorts $48.30 per share Diller Offer

GlobeNewswire
MGM Stock News: MGM Resorts $48.30 per share Diller Offer
Bleichmar Fonti & Auld LLP is investigating Barry Diller's $48.30 per share offer to acquire MGM Resorts International due to potential conflicts of interest. Diller, a member of MGM's board and controller of MGM's largest stockholder, People, Inc., is seen as "standing on both sides" of the deal. Current MGM shareholders are encouraged to contact BFA Law for information regarding their rights, as the firm will investigate whether the proposed agreement complies with Delaware law.
Read the full story
This is a short summary. The complete article is published by GlobeNewswire.
Continue at GlobeNewswire

Headline and summary aggregated from public news feeds. For information only — not financial advice.