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<rss version="2.0"><channel><title>MGM Resorts shares sink 11% after Barry Diller's People Inc. rescinds takeover offer — Live Feed</title><link>https://www.live-feeds.com/feed/mgm-resorts-shares-sink-11-after-barry-diller-s-people-inc-rescinds-takeover-offer</link><atom:link xmlns:atom="http://www.w3.org/2005/Atom" href="https://www.live-feeds.com/feed/mgm-resorts-shares-sink-11-after-barry-diller-s-people-inc-rescinds-takeover-offer/rss.xml" rel="self" type="application/rss+xml"/><description>Continuously updated, source-cited coverage.</description>
<item><title>MGM Resorts Stock Drops Following Withdrawn Takeover Bid</title><link>https://www.live-feeds.com/feed/mgm-resorts-shares-sink-11-after-barry-diller-s-people-inc-rescinds-takeover-offer</link><guid isPermaLink="false">https://www.live-feeds.com/feed/mgm-resorts-shares-sink-11-after-barry-diller-s-people-inc-rescinds-takeover-offer#u84973</guid><pubDate>Sat, 26 Sep 2026 09:55:29 +0000</pubDate><description>MGM Resorts shares dropped between 9 percent and 11 percent after Barry Diller&amp;#039;s People Inc. rescinded its takeover offer. The buyout proposal was withdrawn following four months of negotiations. The collapse of the deal triggered a sharp sell-off in company shares. Investors are now reassessing the stock value in the wake of the failed acquisition talks. The sudden withdrawal terminates a lengthy dialogue between the two entities.Why it mattersThe termination ends four months of negotiations between MGM Resorts and Barry Diller&amp;#039;s People Inc. Merger talks and buyout offers heavily in</description></item>
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