Business & M&ACDC Gaming · 5h ago
Barry Diller’s People Inc. drops MGM Resorts takeover bid
By Chris Sieroty•September 23, 2026
The brief
Barry Diller’s People Inc. has withdrawn a bid to acquire the outstanding shares of MGM Resorts International, but still believes the gaming company has a bright future. In June, People, which currently owns an approximately 27% stake in MGM, proposed acquiring MGM’s shares it doesn’t own, valuing the deal at more tha…
Original report
CDC Gaming
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