MGM reportedly considers buying People after Diller drops bid

MGM•2026-09-25

MGM Resorts is reportedly considering an offer for People Inc, which owns People magazine and holds a 27% stake in MGM. People dropped its proposal to buy the rest of MGM for $48.30 per share in cash on September 23.

1. Possible People offer

MGM Resorts is mulling an offer for People Inc, which owns People magazine and holds a 27% stake in MGM. People dropped its proposal to buy the rest of MGM for $48.30 per share in cash on September 23.

MGM reportedly considers buying People after Diller drops bid

1. Possible People offer

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