Diller ends MGM Resorts takeover bid but stays 'open' to other deals
Barry Diller announced that his media company is ending its takeover bid for MGM Resorts but will retain its 27% stake and remains open to other strategic deals.
In a statement Wednesday, Barry Diller said the media company will keep its 27% stake in the casino operator and remains “open and interested” in potential strategic alternatives to the original transaction.
READ NEXT
More on the wire
FROM THE PUBLISHER
MGM Resorts’ inaugural four-day food and drink extravaganza takes place at Aria, Bellagio, Cosmopolitan and Park MGM September 24-27.
AI TLDR
The city of Las Vegas is opening a new parking garage in the Arts District on Tuesday. Additionally, a Metallica-themed blood drive is being launched.
AI TLDR
A resident read portions of an alleged secret recording transcript during a Mesquite City Hall meeting.