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MGM Forms Special Committee Amid Intensifying Takeover Talks
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MGM Forms Special Committee Amid Intensifying Takeover Talks

MGM Resorts International has established a special board committee and appointed advisers to evaluate media mogul Barry Diller’s takeover proposal as negotiations with his People Inc. intensify, according to The Wall Street Journal.

MGM Resorts International has established a special board committee and appointed advisers to evaluate media mogul Barry Diller’s takeover proposal as negotiations with his People Inc. intensify, according to The Wall Street Journal.

Discussions between the parties accelerated this month, although there is no guarantee that an agreement will be reached.

By Editorial profile image Editorial
Updated on
Operators MGM Resorts International Barry Diller People Inc.