Barry Diller’s People Inc. rescinds MGM Resorts takeover offer
Business News Barry Diller’s People Inc. has rescinded its proposal to buy MGM Resorts International, sending shares of the casino giant down 9% on Thursday. The update comes nearly four months after Diller’s company offered to purchase MGM Resorts for $48.30 per share. People Inc. already owns a roughly 26.1% stake in MGM. Diller, chairman […]


