1. MGM Resorts (MGM) Stock Falls Today After Rejecting Activist Board Nominees

    MGM Resorts (MGM) Stock Falls Today After Rejecting Activist Board Nominees

    (MGM - Get Report) shares are down 1.9% to $22.42, falling into negative territory almost immediately after the company unanimously rejected the four board member nominations of activist investment group Land and Buildings Investment Management today ...

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    1. The board, as it is currently constructed, is very effective, independent, and diverse and has a broad range of expertise.
    2. We will carefully review Land and Buildings' proposal and their nominees to our board.
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