MGM Resorts Explores Acquisition Bid for Barry Diller's People Inc

Key Facts

1MGM Resorts International is discussing a bid to purchase Barry Diller's People Inc.

2The move comes one day after People Inc withdrew its own proposal to buy MGM Resorts.

MGM Resorts International is discussing a bid to purchase Barry Diller's People Inc. Reuters reported that the move comes one day after People Inc withdrew its own proposal to buy MGM Resorts, according to the Wall Street Journal.

MGM closed at $37.85 on September 23, 2026, having traded between a day high of $38.98 and a low of $37.64. The potential counter-bid adds complexity to the corporate relationship following the sudden reversal of acquisition roles.