https://www.live-feeds.com/feed/exclusive-mgm-resorts-eyeing-bid-for-barry-diller-s-people-incorporatedContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/exclusive-mgm-resorts-eyeing-bid-for-barry-diller-s-people-incorporatedhttps://www.live-feeds.com/feed/exclusive-mgm-resorts-eyeing-bid-for-barry-diller-s-people-incorporated#u87206Mon, 28 Sep 2026 10:26:55 +0000Barry Diller's People Inc. has rescinded its takeover offer for MGM Resorts following four months of negotiations and the approval of a Caesars buyout. In a sudden role-reversal, MGM Resorts is now considering a counter-acquisition bid for Barry Diller's People Incorporated publisher. The canceled buyout proposal was valued at an $18bn price tag. Following the collapse of the initial takeover attempt and the emergence of MGM's potential counter-bid, shares in MGM Resorts sank between 9% and 11%, while shares in Barry Diller's People Inc. surged.Why it mattersThe dramatic sh