Barry Diller Drops Bid to Acquire MGM Resorts: ‘We Didn’t Feel the Mix Was Coming Together’

MusicNewsletter newsroom brief · 2h ago · 1 min read · via variety.com

People Inc., the media company controlled by Barry Diller, is scrapping its proposed bid to acquire MGM Resorts International. People Inc. (which changed its name from IAC this spring) owns about 27% of MGM Resorts. In June, the company submitted formal offer for the hotel and on

People Inc., the media company controlled by Barry Diller, is scrapping its proposed bid to acquire MGM Resorts International. People Inc. (which changed its name from IAC this spring) owns about 27% of MGM Resorts. In June, the company submitted formal offer for the hotel and on This story matters for Culture, Style & Media readers tracking music. Reported by variety.com. Read the full original at the source link below.

Originally reported by variety.com. MusicNewsletter curates and briefs the culture, style & media stories that matter. Our editorial policy →
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