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    BreakingM&A / BusinessG3 Newswire

    People Inc. pulls the plug on MGM takeover

    People Inc., America’s largest publisher, has withdrawn its proposal to acquire all public shares of MGM Resorts International. The company will retain its existing 27% stake in MGM Resorts. Chairman Barry Diller cited various factors contributing to the decision.

    Summary based on reporting by G3 Newswire, which retains all rights to its text and images.

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    Aristocrat posts 13% earnings growth for 2025/2026 FY, returns $1.29 billion to shareholders

    Aristocrat posts 13% earnings growth for 2025/2026 FY, returns $1.29 billion to shareholders

    Aristocrat Leisure Limited reported a 13% increase in normalized earnings per share before amortization (EPSA) in constant currency for the 2025/2026 financial year ended September 30, 2026. The Australian gaming company generated normalized net profit after tax and amortization (NPATA) of A$1.58 billion. During the period, Aristocrat returned approximately A$1.9 billion ($1.29 billion) to shareholders through dividends and share buybacks.