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Entain Plc Rejects MGM Resorts Offer For An $11.1 Billion Acquisition

MGM Resorts

Entain Plc., formerly known as GVC Holdings, partnered with MGM Resorts for a joint venture to build Roar Digital and launch BetMGM. Entain rejected the offer on the principle that the offer undervalued their business. MGM offered an additional billion dollars, however, Entain is still considering that offer.

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