
Barry Diller's People Inc. Withdraws Its $48.30-a-Share Bid for MGM Resorts, Which Stays Standalone
People Inc. has walked away from its June proposal to take MGM Resorts private, and MGM shares fell 8.6% after hours to $34.61, far below the $48.30 that was on the table. Diller keeps his roughly 27% stake and says he is still open to "a range of alternatives".





















