MGM Resorts Engaged in Deal Talks with Barry Diller's People Inc.

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-11
Category: finance
Source: The Edge Singapore (Wall Street Journal)

MGM Resorts International is reportedly in deal talks with Barry Diller's People Inc. after Diller offered to acquire the 26% of the casino company he does not already own for $48.30 a share, valuing MGM Resorts at approximately $12.4 billion. MGM has established a board committee and engaged advisors to evaluate the proposal.

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