Barry Diller’s $18 Billion MGM Bid Could Change Who Runs the Strip
Barry Diller’s People Incorporated offered to buy the MGM Resorts International shares it does not already own for $48.30 apiece in cash, a bid that would take one of Las Vegas’ largest casino operators private and value it at more than $18 billion including debt. The proposal is non-binding, meaning neither side is yet required to complete a deal.