HomeNewsElsewhereMGM shareholder offers US$1 billion for success of Entain takeover bid

MGM shareholder offers US$1 billion for success of Entain takeover bid

January 11, 2021

MGM Resorts International’s biggest shareholder, Barry Diller’s IAC/InterActiveCorp, has vowed to help the company in its takeover attempt of Entain, willing to kick in an additional US$1 billion to get the deal done.

MGM Resorts International Confirms Receipt of Support Letter from IAC/InterActiveCorp (release)

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Felix Ng https://agbrief.com/about-asia-gaming-brief/

Felix is the Asia Editor and Events Director of the Asia Gaming Brief. He has over a decade of experience developing conferences for industries including gaming, telecoms, investment, biotechnology, and mining. Felix covers gaming technology and innovation and is passionate about developing engaging and eye-catching content for the industry.