Barry Diller's People Inc. to Bid for MGM Resorts at $48.30 Per Share
People Inc., led by Barry Diller, is preparing a potential bid of $48.30 per share for casino giant MGM Resorts, valuing the company at over $18 billion. The offer could be announced as early as Monday and would see People Inc.'s stake in MGM increase significantly.
Topics: Acquisition Bid Barry Diller MGM Resorts People Inc.