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MGM Resorts takeover and Barry Diller withdrawal 2026

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FIRST ENTRY SEP 24
SEP 24 · Day 1

MGM Resorts shares sink 11% after Barry Diller's People Inc. rescinds takeover offer

Barry Diller is chairman of People Inc.

MGM Resorts shares dropped roughly 11% on Thursday following the rescinded offer.

People Inc. offered to purchase MGM Resorts for $48.30 per share nearly four months before rescinding the offer.

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