Barry Diller's People Inc. Withdraws $18bn MGM Resorts Takeover Bid

The story so far

6 publishers have covered this in 8 articles since 23 Sept 2026. The Hollywood Reporter published first, on 23 September at 22:43 UTC; Variety followed 21 min later. The most recent article, from Deadline, appeared on 25 September at 15:27 UTC.

Outlets reporting it: The Hollywood Reporter (major outlet), Variety (major outlet), News Feed (major outlet), CNBC (major outlet), Deadline, Quartz.

2 prediction markets price this story:

• MGM Resorts — the market puts it at 24%, closing 1 Jan 2027. The market resolves to Yes if any company announces an agreement to acquire MGM Resorts before January 1, 2027. Otherwise, it resolves to No. Readers often mistake the date of the announcement for the deadline, but the key is that the agreement must be announced before Jan 1, 2027.
• Will MGM Resorts be acquired before 2027? — the market puts it at 10%, with $917 traded in the last 24 hours, closing 1 Jan 2027. The market resolves to Yes if credible reporting confirms an acquisition agreement by December 31, 2026, at 11:59 PM ET. An announced agreement counts as a win even if the deal never completes. Readers often mistake the deadline for the end of 2027 or assume only completed deals count.

Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.