Yakira Capital Management Urges People Board to Withdraw MGM Acquisition Proposal and Prioritize Share Repurchases

Markets PR Newswire By PR Newswire 03 Aug 2026 12:09 1 min read
Yakira Capital Management Urges People Board to Withdraw MGM Acquisition Proposal and Prioritize Share Repurchases

Long-term shareholder argues repurchasing PPLI shares at a substantial discount to intrinsic value would create significantly greater shareholder value than acquiring shares of MGM at a premium. WESTPORT, Conn., Aug. 3, 2026 /PRNewswire/ -- Yakira Capital Management, Inc. ("Yakira"), a...

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