People Inc. to Acquire MGM Resorts in $18 Billion Go-Private Bid

Barry Diller's People Inc., which already owns a significant stake in the company, has made an all-cash go-private offer for MGM Resorts at $48.30 per share, representing a 24% premium over recent stock value and valuing the casino operator at more than $18 billion.

By Lara Ewen Tue, June 2, 2026 at 12:40 PM GMT+3 3 min read · Yahoo Finance · June 2, 2026, 09:40 UTC

People Inc. to Acquire MGM Resorts in $18 Billion Go-Private Bid

Tickers: $MGM

Topics: Corporate Strategy Hospitality Industry M&A

Read the full article at Yahoo Finance

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