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Sources: MGM Resorts is weighing a bid to purchase Barry Diller's People Inc., which owns a ~27% stake in MGM; on Wednesday, People withdrew its bid to buy MGM (Wall Street Journal)

Mediagazer · last updated

Wall Street Journal:
Sources: MGM Resorts is weighing a bid to purchase Barry Diller’s People Inc., which owns a ~27% stake in MGM; on Wednesday, People withdrew its bid to buy MGM  —  Billionaire’s company, which has a stake in MGM, also owns titles including Food & Wine magazine

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