The Daily Buyout
27% stake heldTake-privateConsumer & RetailTerminated

People Incorporated withdraws bid for MGM Resorts

People Incorporated, which holds about 27% of MGM Resorts, has withdrawn its June 1, 2026 proposal to acquire all public shares, and MGM will continue as a standalone company.

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More Consumer & Retail deals

$8.9BStrategic acquisitionConsumer & RetailOct 8, 2026

Fairfax and the Weston family's Wittington buy Boots for $8.9B

Fairfax Financial is partnering with Wittington Investments, the Weston family's holding company, to acquire Boots' UK and Ireland retail operations, Boots Opticians, the No7 Beauty Company, and Boots' Thailand and franchised businesses. The total purchase price is about $8.9 billion, including assumed debt.