FINNENCE. Open the feed →

News · ▼ Bearish · 7 sources confirmed · 2026-09-23 22:01 UTC

Barry Diller said Wednesday that he is withdrawing his bid for MGM Resorts, after months of discussions with the company https://t.co/f1Lnm2atkb

Why now

Thesis: MGM loses acquisition premium after Diller exit

Catalyst to watch: Any renewed interest from other buyers

Main risk: Stock may drift lower without a deal

Why it matters

Diller's withdrawal ends months of acquisition talks, removing a potential premium for MGM shareholders.

Details

Barry Diller said Wednesday that he is withdrawing his bid for MGM Resorts, after months of discussions with the company https://t.co/f1Lnm2atkb

Related assets & topics

Consumer

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