BUZZ - Reports suggest MGM is considering making an acquisition offer, prompting a surge in People Inc’s stock price.

September 24 - ** Shares of People Inc (PPLI.O) rose 8.5% in after-hours trading to $39

** The Wall Street Journal reported that MGM Resorts International (MGM.N) is considering making an acquisition offer for People Inc, which is controlled by Barry Diller (link)

** On Wednesday, PPLI withdrew its offer to acquire MGM Resorts (link)

** People Inc declined to comment, while MGM has not immediately responded to Reuters' request for comment

** MGM shares edged up slightly in after-hours trading

** As of the close of the previous trading day, PPLI has fallen 8.1% so far this year

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