CNBC
MGM Resorts shares sink 9% after Barry Diller's People Inc. rescinds takeover offer
Thursday, September 24, 2026
Barry Diller's People Inc. rescinded its offer to acquire the remaining public shares of MGM Resorts. MGM Resorts shares declined 9 percent following the announcement. People Inc. had previously made an offer for the casino operator's outstanding public equity.
Original reporting: https://www.cnbc.com/2026/09/24/barry-diller-people-mgm-resorts.html