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Business & M&AGamblingNews · 2h ago

“Mix Wasn’t Coming Together”: People Inc. Retracts $18B MGM Takeover Bid

By Melanie PorterSeptember 24, 2026

The brief

Barry Diller’s People Inc. has decided to pull its proposal to acquire the remaining shares of MGM Resorts International, thus putting an end to months of discussions over a potential deal that would have valued the Las Vegas-based casino company at more than $18 billion. “We Didn’t Feel the Mix Was Coming Together” P…

Original report

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