Barry Diller's company People, Inc. made an offer to buy the remaining shares of MGM Resorts, plus debt. Shares of MGM Resorts jumped 15%.
News
MGM Stock Soars After Barry Diller's Company Makes $18 Billion Bid
Licensing
11:06 AM ET 06/01/2026
Longtime media mogul Barry Diller made a bid to acquire the 73.9% of MGM Resorts International (MGM) that his conglomerate People, Inc. does not already own. The proposed deal values the casino chain at around $12.4 billion, or nearly $18 billion including debt, according to The New York Times, which first reported the news. Shares of MGM jumped almost 15%…
Barry Diller launches $18bn takeover offer for MGM Resorts
Barry Diller's People Inc. makes $18B takeover bid for MGM Resorts - UPI.com
Billionaire Diller Will Make $18 Billion Bid For MGM Resorts
Barry Diller's People to put in $18 billion bid for casino giant MGM Resorts
Barry Diller’s People Inc Makes $18 Billion Play For MGM Resorts
Barry Diller's People Inc. offers to buy MGM Resorts, valuing it at $18 billion
Barry Diller Bets Big On Real-World Assets AI Can't Replace With MGM Resorts Bid
Barry Diller People Inc. bid to take MGM Resorts private
Why Is MGM Resorts Stock Soaring Monday? - IAC (NASDAQ:IAC), MGM Resorts International (NYSE:MGM)
El magnate Barry Diller lanza una opa de 15.500 millones por los casinos MGM Resorts
Casino resort group’s shares jump 14% after media veteran announces take-private plan
People Inc. issued an $18 billion takeover bid for MGM Resorts, CEO Barry Miller announced Monday.
Diller’s company, People Inc., is already the casino giant’s largest shareholder.
Barry Diller's People Inc. is preparing a bid for MGM Resorts at $48.30 per share.
The owner of media brands like People, Travel & Leisure and Food & Wine is proposing to buy all the shares in the casino giant…
Diller said that MGM's properties, such as the Bellagio in Las Vegas, can't be easily replaced by AI.
