Exchange: NASDAQ·Updated 07:30 PM EDT

PPLI People Incorporated

$40.89
$0.04
(0.10%)
Today
Closed $40.89
$0.00
(0.00%)
After Hours
EarningsNov 2
Mkt Cap$3.04B
Vol991,661.00

About PPLI

People, Inc. engages in the media and Internet business. It operates through the following segments: Dotdash Meredith, Angi Inc, Search, and Emerging and Other. The Dotdash Meredith segment provides digital and print publishing services from mobile to magazines. The ANGI Homeservices segment offers repairing, remodeling, cleaning, and landscaping through category-transforming products under HomeAdvisor, Angie's List, Handy, and Fixd Repair brands. The Search segment consists of Ask Media Group, which provides general search services and information. The Emerging and Other segment includes platforms Care.com, Bluecrew, NurseFly Mosaic Group, Vivian Health, The Daily Beast, IAC Films, and Newco. The company was founded on August 24, 1995, and is headquartered in New York, NY.
47

Neutral Sentiment

How do you feel about PPLI?

Mike22332233
$PPLI If $MGM could buy back 27% of their total shares at 50% of the current depressed price of $32.58 would they do it? Let us figure out the purchase offer for PPLI that would accomplish just that. The 66.8 mil shrs of MGM that PPLI owns equals $2.176 Bil, so they would need to net pay $1.088 Bil on the BO to get their shares at a 50% discount. They could keep the PPLI VC portfolio (Turo plus more) and cash out $0.4 Bil later, and also keep $0.6 Bil of the PPLI cash ... They could then IPO a clean, higher leveraged, print and digital media company at a conservative 1.1x sales and 7× EBITDA at $2.4 Bil. So they could pay a total of $4.488 Bil ($1.088+$0.4+$0.6+$2.4) which equals $60.28 per PPLI share ... The only question now is if Diller -- with overall 46% voting power thru class B holdings-- will accept this price ... Upon dropping his MGM bid, Diller did signal he was willing to still do a deal together. I expect a BO offer this week of $55 to $60 !!! 👉 LIKE & FOLLOW
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StocktwitsNews
Tables Turn In Las Vegas: Casino Giant MGM Resorts Considers Buying The Publisher That Tried To Buy It $PPLI $MGM https://stocktwits.com/news/equity/markets/tables-turn-in-las-vegas-casino-giant-mgm-resorts-considers-buying-the-publisher-that-tried-to-buy-it/cZMJ1qgRBaR
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Asstronuts
$PPLI “considers” = more bs that never happens. Why in the flip would MGM want to buy people magazine. I think their $31 BILLION in debtors would disagree lol. Maybe put a magazine in each room? Seems like a 90’s subscription would suffice.
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Mike22332233
$PPLI Helikon Investments Limited upped its stake from 7.60% to 11.44% ahead of a possible BO offer by $MGM in the next 3-5 days ... This is HUGE !!! Like & FOLLOW
2
KryptonResearch14
$PPLI $MGM Twenty-four hours after Barry Diller's People pulled its $48.30/share bid to take MGM private, the WSJ reports MGM is now discussing a bid for People. The hunter may become the hunted. The number that makes it work: People's roughly 27% MGM stake is worth almost as much as People's entire market cap, per the Journal. Buying People would effectively retire a quarter of MGM's float, plus a publishing portfolio (People, Food & Wine, Investopedia, the Daily Beast) MGM could later sell off. Tape: PPLI closed at $35.93 Thursday and ran to about $41 after hours, up ~13%. MGM finished at $33.69, down about 11% after the bid was pulled, little changed after hours. Neither company is commenting, and the talks could still fall apart. But Diller's line Wednesday about staying open to "a strategic transaction" reads differently now.
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EngelsInAmerica
$PPLI The youngest movie stars are Zendaya and Tom and they're married and in their 30s. What happens to People Magazine with the death of celebrity culture? Reality "stars" and influencers? $SPY $XRT $DIA
SPACdeORO
$PPLI love it, shorts going to get burned, so many more attractive stocks to short and the greedy ones sticking with this with already high interest and high days to cover along with major near term catalyst.
Primeoptionsst
🚨 $PPLI JUST WENT CRAZY 🚨 $PPLI 💸 $40 16 OCT 26 CALL $0.20 ➡️ $2.00 🏄🏻‍♂️🏄🏻‍♂️🏄🏻‍♂️ 🔥 900% GAINER! ☢️☢️☢️ $0.20 to $2.00 — that’s a 10X move on the contract. 💰 This is why we stay locked in, wait for the setup, and execute when the opportunity presents itself. 🎯📈 PRIME OPTIONS TRADE ☢️
briefingcom
$PPLI: People Incorporated trading up premarket after a WSJ report that $MGM is considering a bid.

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