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#People Inc.

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MGM Resorts May Reverse Roles, Buy People, Inc.
News

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
People Inc. pulls out of $18 billion MGM Resorts acquisition bid
News

People Inc. pulls out of $18 billion MGM Resorts acquisition bid

People Inc., led by Barry Diller, has withdrawn its bid to acquire MGM Resorts, citing unmet expectations.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.

September 24, 2026·1 min read