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Barry Diller Drops Bid To Acquire Full Control Of MGM Resorts

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Barry Diller Drops Bid To Acquire Full Control Of MGM Resorts

People Inc.

Chairman Barry Diller has withdrawn a proposal to acquire full ownership of MGM Resorts.

The media company will retain its 27% stake in the casino operator, he said in a statement Wednesday, though it remains “open and interested” in potential strategic alternatives to the original transaction.

“There are lots of ingredients that go […]

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