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1 story · First covered Jul 12, 2026 · Latest 16h ago
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Diller Bids $48.30 Per Share for MGM. The Board Thinks He's Lowballing.

Diller Bids $48.30 Per Share for MGM. The Board Thinks He's Lowballing.

Barry Diller's People Inc. is offering $12.4 billion for the 74% of MGM Resorts it doesn't already own, valuing the entire company at roughly $18 billion including debt. The per-share price looks generous until you decompose what MGM actually owns and what the buyer is really pricing in.