The company confirmed that it has proposed an offer of 0.6 MGM shares for each Entain share, representing a premium of 22% to its joint-venture partner’s share price. “The Board of Entain has stated it believes the proposal undervalues Entain but has also asked MGM to provide additional information in respect of the strategic rationale for a combination of the two companies,” MGM said in a statement. Original article: https://www.yogonet.com/international//noticias/2021/01/05/55942-mgm-confirms-takeover-proposal-to-ladbrokes-owner-and-makes-clarifications

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