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MGM Resorts May Reverse Roles, Buy People, Inc.
After a failed $18 billion acquisition attempt, MGM Resorts is considering buying People, Inc., its largest shareholder. People, Inc. is chaired by Barry Diller.
September 25, 2026·1 min read

After a failed $18 billion acquisition attempt, MGM Resorts is considering buying People, Inc., its largest shareholder. People, Inc. is chaired by Barry Diller.

People Inc., led by Barry Diller, has withdrawn its bid to acquire MGM Resorts, citing unmet expectations. The company will retain a 27% stake in MGM Resorts.