- Entry
- $32.58
- Now
- $32.58 +0.0%
- Target
- —
- Score
- —
Barry Diller's company pulled its bid for MGM on Sept 23. It had offered $48.30 a share in cash. The stock fell about 11% the next day. It is now near $34. Most stories stopped there. Two things in the filings matter more if you own MGM. First, his company, People Inc., is not selling. It still owns 66.8 million shares. That is 26.5% of the company. It has not traded a share in 60 days. It says it is …
— ORIGINAL POST ·
Diller pulled his MGM bid but kept 26.5%. In June he said he would not vote for a sale to anyone else.
· r/stocks
· Sep 25, 2026