Barry Diller's People Inc. Reportedly Set to Make $18 Billion Bid for MGM Resorts

MGM Resorts (NYSE: MGM) surged in premarket trading after reports indicated Barry Diller’s company, People Inc., is set to make an $18 billion bid for the casino giant. The offer includes debt and values each share at $48.30.

By Joshua Fineman, SA News Editor · Seeking Alpha · June 1, 2026, 12:12 UTC

Tickers: $MGM

Topics: casino industry M&A premarket trading

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