Business

Diller Withdraws MGM Bid

Updated 2026-09-23 23:55 UTC 1 source Neutral

Barry Diller, chairman of People Inc., has withdrawn his proposal to acquire full control of MGM Resorts. The media company will retain its 27% stake but remains open to other strategic options.

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People Inc. Chairman Barry Diller has withdrawn a proposal to acquire full ownership of MGM Resorts. The media company will retain its 27% stake in the casino operator, he said in a statement Wednesday, though it remains “open and interested” in potential strategic alternatives to the or
2026-09-23 23:52 UTC
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