Business
Barry Diller Abandons MGM Bid
Barry Diller's media company, People Inc., has scrapped its proposed acquisition of MGM Resorts International. The decision was made after a formal offer was submitted in June but did not align with the company’s strategic vision.
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Variety
People Inc., the media company controlled by Barry Diller, is scrapping its proposed bid to acquire MGM Resorts International. People Inc. (which changed its name from IAC this spring) owns about 27% of MGM Resorts. In June, the company submitted formal offer for the hotel and resorts operator to ac
2026-09-23 23:04 UTC