📊 Topic

Take-private bid mechanics

1 story · First covered Jun 16, 2026 · Latest 2h ago
Take-private bid mechanics Coverage
Barry Diller Wants to Take MGM Private at $48.30. The Stock Says He's Lowballing.

Barry Diller Wants to Take MGM Private at $48.30. The Stock Says He's Lowballing.

Diller's People Inc. bid values MGM at $18 billion while insiders are already heading for the exits. When the stock trades above your offer price and an analyst downgrades you to Hold because the deal math doesn't pencil, that's the market telling you something you should already know.