MGM wears best poker face in British M&A standoff

  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 16%
  • Publisher: 51%

MGM wears best poker face in British M&A standoff LiamWardProud

United States Headlines News

United States Latest News, United States Headlines

Casino operator MGM Resorts International on Jan. 19 said it did not intend to submit a revised proposal to buy Britain’s Entain, the owner of betting group Ladbrokes.

In response, Entain said it had a “clear growth and sustainability strategy, backed by leading technology, that it is confident will deliver significant value for stakeholders”. Entain on Jan. 4 said it had rejected MGM’s merger proposal, which would have included a cash and equity component and valued the UK group at 13.83 pounds per share.Source: REUTERS/Kevin Lamarque

Protective plastic is seen around a roulette wheel at MGM National Harbor as the hotel and casino opened its doors to guests after an easing of restrictions imposed to control the spread of the coronavirus disease in Oxon Hill, Maryland, U.S., June 29, 2020.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 470. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Misha Green to Make Feature Directorial Debut With ‘Tomb Raider’ Sequel for MGMMisha Green is taking on Lara Croft. The “Lovecraft Country” and “Underground” creator is set to make her feature directorial debut, writing and directing the next installment of “Tomb Raider… Why they gotta set her up like this 😎 😎 😎 😎 👍👍👍👍👍 does anyone care about a tomb raider movie?
Source: Variety - 🏆 108. / 63 Read more »

Salma Hayek To Play Pina Auriemma In Ridley Scott’s ‘House of Gucci’ For MGMOscar-nominee Salma Hayek has joined MGM and Scott Free Productions’ House Of Gucci feature film, which is currently in production. She joins an all-star that includes Lady Gaga, Adam Driver Al Pac… So pumped for this! One of my most anticipated movies of the year! Looking forward to seeing her portrayal of Pina Auriemma 👜👠🎥 HouseofGucci SalmaHayek LadyGaga RidleyScott mgmstudios She’s old !! Get a young actress !!
Source: DEADLINE - 🏆 109. / 63 Read more »

Why ‘Luis Miguel’ Storytelling Breaks Ground for Netflix and MGMIt’s always hard to recount and reveal truths about the life of a widely-recognized celebrity in a biopic format. It’s another challenge altogether when that celebrity is Luis Miguel, c… Can’t wait for season 2! Amazing! Ok
Source: Variety - 🏆 108. / 63 Read more »

MGM Resorts posts quarterly loss on pandemic painMGM Resorts International posted a quarterly loss compared with a year-ago profit on Wednesday, as COVID-19 travel restrictions dented business for the casino operator. Ohhhhhhh noooooooo that’s teeeeerrible US needs to allow online casinos. YIKES!!!
Source: Reuters - 🏆 2. / 97 Read more »

MGM/UA Develops TV Series On Judo World Champions Saeid Mollaei & Sagi MukiEXCLUSIVE: MGM/UA Television and Israel’s Tadmor Entertainment are developing a scripted television series based on the lives of judo world champions Saeid Mollaei and Sagi Muki. The two comp…
Source: DEADLINE - 🏆 109. / 63 Read more »