MGM Resorts International and People Incorporated enter into amended voting agreement
PPLI•MGM Resorts International and People Incorporated entered into an amended voting agreement covering MGM shares and certain ownership and defensive-measure provisions.
1. Voting agreement terms
Covered entities agreed to vote their MGM Resorts shares in line with the board’s recommendation in a change of control and not to exceed 29.9% ownership. MGM agreed not to take defensive measures against the covered entities. The agreement does not require either side to pursue or enter into a deal, and none is contemplated.
