Barry Diller’s $18 Billion MGM Takeover Proposal

By Miguel Mike Medina Photo Credit: PHOTO BY EMMA MCINTYRE/GETTY IMAGES Barry Diller’s People Inc. seeks full ownership of casino giants MGM Resorts. The billionaire proposes a $18 billion deal to take over the entire MGM.  Diller’s company already holds a 26 percent stake. In April 2026, Diller’s IAC Interactive changed its name to People…

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