• MGM Buys Former CEO Gary Barber's Stake for $260 Million

    9 days ago - By Variety

    MGM Holdings has agreed to pay $260 million to former CEO Gary Barber, three months after the executive was fired unexpectedly, in exchange for his remaining equity stake. Privately held MGM said Thursday that Barber's stake consisted of 274,392 shares of common stock and 3,883,529 stock options, which were equivalent to 2,302,572 shares of common...
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