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May 26, 2021 · SEATTLE & BEVERLY HILLS, Calif.-- (BUSINESS WIRE)--May 26, 2021-- Amazon (NASDAQ: AMZN) and MGM today announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion. MGM has nearly a century of filmmaking history and complements the work of Amazon Studios, which has ...
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Shares of MGM Resorts International (MGM-0.29%) were trading up as much as 8% on Tuesday after the resort and casino operatorwas upgraded to outperform by a Wall Street analyst. MGM has a lot of moving parts right now, but the analyst believes the company is heading in the right direction.
MGM and most other resort operators had a difficult time during the pandemic, but as business has returned, the company has gone on the offensive. It has announced four transactions in recent months, including a $1.6 billion deal to acquire the Cosmopolitan resort in Las Vegas from Blackstone. Credit Suisse Groupanalyst Benjamin Chaiken doesn't thi...
It has been a wild ride for MGM investors in recent years. The stock lost nearly 80% of its value in the early days of the pandemic, but has rallied more than 300% from those lows and is now up more than 50% year to date. But even after that climb, it is still trading nearly 30% below Chaiken's target price. If the analyst is right and MGM can turn...
- Lou Whiteman
Aug 1, 2024 · Current Price. $40.24. Price as of October 14, 2024, 4:00 p.m. ET. Earnings were great, but the market had questions about the future. Shares of casino stock MGM Resorts (MGM 1.46%) dropped as ...
- Travis Hoium
238.36. +0.25%. EXPE Expedia Group, Inc. 151.54. +0.75%. Find the latest MGM Resorts International (MGM) stock quote, history, news and other vital information to help you with your stock trading ...
May 26, 2021 · SEATTLE & BEVERLY HILLS, Calif.-- ( BUSINESS WIRE )--Amazon (NASDAQ: AMZN) and MGM today announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for ...
1 day ago · 0.45%. $1.14B. MGM | Complete MGM Resorts International stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
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May 26, 2021 · and Wendy Lee. May 26, 2021 Updated 12:43 PM PT. After years of speculation about the merging of Big Tech and Hollywood, Amazon.com Inc. said Wednesday that it is acquiring Metro-Goldwyn-Mayer ...
