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Thursday 8 October
🌐 World · English ▾
Current: 🌐 World · English
Global
Focused
Language
Story Business

Diller abandons $18bn takeover bid for MGM Resorts

The brief

Media mogul says ‘we didn’t feel the mix was coming together in the way we had hoped’ after going public with offer in June The publisher continues to own a 27% stake in the hospitality company and remains "open to and interested" in the possibility of a strategic transaction in the future thewrap.com/">TheWrap. Key points and original sources are listed below.

  • Media mogul says ‘we didn’t feel the mix was coming together in the way we had hoped’ after going public with offer in JuneS1
  • The publisher continues to own a 27% stake in the hospitality company and remains "open to and interested" in the possibility of a strategic transaction in the future thewrap.com/">TheWrap.S2
Timeline · newest first
2w Financial Times

Diller abandons $18bn takeover bid for MGM Resorts

Media mogul says ‘we didn’t feel the mix was coming together in the way we had hoped’ after going public with offer in June

2w Thewrap

Barry Diller’s People Inc. Withdraws MGM Resorts Takeover Bid

The publisher continues to own a 27% stake in the hospitality company and remains "open to and interested" in the possibility of a strategic transaction in the future thewrap.com/"…

Diller abandons $18bn takeover bid for MGM Resorts

2 outlets 2 reports
The brief

Media mogul says ‘we didn’t feel the mix was coming together in the way we had hoped’ after going public with offer in June The publisher continues to own a 27% stake in the hospitality company and remains "open to and interested" in the possibility of a strategic transaction in the future thewrap.com/">TheWrap. Key points and original sources are listed below.

  • Media mogul says ‘we didn’t feel the mix was coming together in the way we had hoped’ after going public with offer in JuneS1
  • The publisher continues to own a 27% stake in the hospitality company and remains "open to and interested" in the possibility of a strategic transaction in the future thewrap.com/">TheWrap.S2
Timeline · newest first

Sources · 2 citations

S1 Financial Times 1 report · EN
S2 ThewrapLead 1 report · EN