Law Firm Probes Barry Diller's $48.30 Bid for MGM Resorts

Key Facts

1Law firm BFA Law is investigating Barry Diller's offer to acquire MGM Resorts for $48.30 per share.

In a development focused on corporate governance, law firm Bleichmar Fonti & Auld LLP (BFA Law) announced an investigation into Barry Diller's offer to acquire MGM Resorts International for $48.30 per share. The firm is urging current shareholders to contact them to assess the fairness of the proposed price, according to a press release issued today.

The probe comes as MGM stock trades above the offer price, closing at $49.69 on June 29, 2026, with a trading range of $48.63 to $50.55 during the session. The premium suggests the market may view the bid as incomplete or undervalued, especially given the company's market capitalization and the broader tourism sector outlook.