MGM Could Mull Another Offer for Entain at 50 Percent Premium, Says Citi Analyst
MGM Resorts International (NYSE:MGM) could ready another takeover offer for its BetMGM partner Entain Plc (OTC:GMVHY) after failing in that pursuit in January 2021. A Ladbrokes betting shop in the UK. Operator Entain could receive another takeover bid from MGM. (Image: Reuters) A combination of Entain’s slumping share price and the US dollar’s strength relative … Read more