Barry Diller to make $18 billion bid for MGM
Corroborated by 7 sources from 7 publishers
TL;DR
Reports differ across sources; according to cbsnews.com, "We began investing in MGM nearly six years ago because we believed it represented a rare kind of business: one with real-world assets that AI cannot easily replicate or disintermediate and exceptional digital growth opportunities.
Sources
1
CNBC 15839263
https://www.cnbc.com/video/2026/06/01/barry-diller-to-make-18-billion-bid-for-mgm.html
2
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/barry-diller-people-inc-bid-134153726.html
3
CBS News MoneyWatch
https://www.cbsnews.com/news/barry-diller-people-mgm-acquisition-18-billion
4
The New York Times (DealBook)
https://www.nytimes.com/2026/06/01/business/dealbook/diller-people-mgm-resorts.html
5
Financial Times Companies
https://www.ft.com/content/2793d548-0535-4f0c-9959-14bf9554b8d0
6
Yahoo Finance News
https://www.barrons.com/articles/mgm-stock-barry-diller-takeover-report-c2643ca1?siteid=yhoof2&yptr=yahoo
7
CNBC 10001147
https://www.cnbc.com/2026/06/01/mgm-resorts-barry-diller-people-bid.html
8
MarketWatch Top Stories
https://www.marketwatch.com/story/barry-dillers-12-4-billion-offer-for-mgm-is-a-big-bet-that-vegas-is-back-3e96bb8c?mod=mw_rss_topstories