Chairman Barry Diller has withdrawn a proposal to acquire full ownership of MGM Resorts. The media company will retain its 27% stake in the casino operator, he said in a statement Wednesday, though it remains "open and interested" in potential strategic alternatives to the original transaction.
Chairman Barry Diller has withdrawn a proposal to acquire full ownership of MGM Resorts.
The media company will retain its 27% stake in the casino operator, he said in a statement Wednesday, though it remains "open and interested" in potential strategic alternatives to the original transaction.
The page is ready to read now. The fuller skim-friendly version will appear here automatically.
Chairman Barry Diller has withdrawn a proposal to acquire full ownership of MGM Resorts. The media company will retain its 27% stake in the casino operator, he said in a statement Wednesday, though it remains "open and interested" in potential strategic alternatives to the original transaction.
Open the app view to save this story, compare related coverage, and continue from the same source.