Barry Diller’s People Inc. Withdraws MGM Resorts Bid
publishers 4articles 4first reported 23 Sep, 23:19 UTCdeveloping since 24 Sep · 4 editions
Barry Diller’s People Inc. has withdrawn its offer to acquire the remaining publicly held shares of MGM Resorts, according to CNBC. Reuters, The Wall Street Journal and Axios also reported that Diller had withdrawn or rescinded the takeover bid.
MGM Resorts shares fell 9% following the withdrawal, CNBC reported.
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