People Inc climbs after report MGM considers bid

By Reuters News

** Shares of People Inc PPLI.O rise 8.5% to $39 in extended trading

** MGM Resorts International MGM.N considers making a bid for Barry Diller's People Inc, the Wall Street Journal reports

** On Wednesday, PPLI withdrew its bid to acquire MGM Resorts

** People Inc declined to comment, while MGM did not immediately respond to Reuters' request for comment

** MGM shares marginally up in after-hours trading

** As of last close, PPLI down 8.1% YTD

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