People Incorporated shares rise over 10% on potential MGM takeover bid
People Incorporated (NASDAQ:PPLI) shares rose 10% to $39.74 on Friday noon after a Wall Street Journal (WSJ) report that MGM Resorts International (NYSE:MGM) is considering a potential takeover bid for the media company. The stock was up $3.81 from Thursday's close of $35.93, extending a...
What This Story Means
Claude is explaining the story in plain words…
Read the Full Story at the Source
The summary here comes from the news provider; the rest of the article lives on the publisher's site: Yahoo