People Inc (PPLI) shares rise 14.41% after hours after activist opposes MGM deal
ByAinvest Wire
Monday, Aug 3, 2026 4:42 pm ET1min read
PPLI--
People Inc (PPLI) shares rose 14.41% in after-hours trading after activist investor Yakira Capital Management launched a campaign opposing the company's proposed acquisition of MGM Resorts International. Yakira argued the deal is value-destructive and that share repurchases would be more accretive to shareholders given the stock's current discount to intrinsic value.
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