Update: Market Chatter: MGM Resorts Discussing Bid for People

05:21 AM EDT, 09/25/2026 (MT Newswires) -- (Updates to include People's ticker in the first paragraph and recent stock movement in the last paragraph) MGM Resorts International (MGM) is discussing a potential bid for People (PPLI), which owns a roughly 27% stake in the casino operator, The Wall Street Journal reported, citing people familiar with the matter. The discussions follow People's withdrawal Wednesday of its bid to acquire the remainder of MGM Resorts, the report said. MGM did not immediately respond to MT Newswires' request for comment. Shares of People were up more than 8% in premarket trading activity Friday. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 39.00, Change: +3.07, Percent Change: +8.54