MGM Alert: MGM Resorts Investigation Over $48.30 Offer Price is Pending - Current Shareholders Urged to Protect Your Rights
Bleichmar Fonti & Auld LLP announced an investigation into Barry Diller's unsolicited $48.30 per share bid to acquire MGM Resorts International. The firm alleges potential breaches of fiduciary duty and conflicts of interest, noting Diller serves on MGM's board while controlling People Inc., the largest shareholder making the offer.
Key figures
- Offer price per share
- 48.3
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