MGM Resorts Spurned in $11 Billion Takeover Bid of Parent of UK’s Ladbrokes

MGM Resorts Spurned in $11 Billion Takeover Bid of Parent of UK’s LadbrokesJanuary 4, 2021

Bloomberg

Las Vegas-based MGM has made repeated bids for Ladbrokes’ parent company Entain. Bloomberg

Skift Take: With online gaming a focus for Barry Diller, whose IAC group is backing the offer, don’t bet on this being MGM’s final bid for the historic brand.

— Matthew Parsons

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