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Media mogul Barry Diller’s People offers to buy MGM Resorts for over $18bn
Why this matters: a developing story that could shape the day's news cycle.
Focusing in on the casino operator is a sharp departure from media for Diller at a time when markets remain volatile Media mogul Barry Diller’s People Inc said on Monday it has proposed to buy MGM Resorts, valuing the casino operator at more than $18bn. The offer comes just weeks after Diller, the d
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