MGM Resorts International Withdraws $11.06B takeover bid of Entain
UK-based Entain PLC (OTC:GMVHY) (formerly GVC Holdings) recently received a takeover offer of $11.06B USD from US Casino group MGM Resorts International which would have left shareholders owning approximately 41.5% of the company. MGM and Entain have been partners in a $450m 50/50 sports-betting joint venture in the US since 2018, with each company bound […]