# MGM Resorts plunges after Barry Diller's People Inc. withdraws takeover bid — retained record

> Retained news record from news:seeking-alpha.

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source: [news](https://highsignal.app/data/news) (news:seeking-alpha)  published 2026-09-24 01:40 ingested 2026-09-24 02:52

[original source ↗](https://seekingalpha.com/news/4646405-mgm-resorts-plunges-after-barry-dillers-people-inc-withdraws-takeover-bid?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news)

## retained text



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On the MoveM&A

MGM Resorts plunges after Barry Diller's People Inc. withdraws takeover bid

Sep 23, 2026, 9:40 PM ETMGM Resorts International (MGM) Stock, PPLI StockBy : Joshua Fineman, SA News Editor

MGM Resorts (MGM) dropped 11% in after-hours trading after Barry Diller's People Inc. (PPLI) withdrew its takeover offer for the casino owner. Shares of People rose 4%.

"There are lots of ingredients that go into a proposal of this kind

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