'Barry Diller Withdraws Bid For MGM Resorts; The Billionaire Had Been In Talks With The Casino Operator After Offering In June To Take A Majority Stake' - WSJ Exclusive

Barry Diller has withdrawn his bid to acquire a majority stake in MGM Resorts, a move that follows his initial offer made in June. The discussions between Diller and the casino operator have now ended without a deal. This development may impact MGM's stock performance and future strategic direction.