Key facts
- Barry Diller has made an offer for the remaining portion of MGM Resorts International.
- Diller's company, IAC, has undergone a recent overhaul.
Barry Diller has submitted a bid for the remaining shares of MGM Resorts International that he does not currently own. This strategic move by the billionaire media mogul comes after a significant restructuring of his own company, IAC. The details of the offer and the specific terms were not disclosed in the provided information, but the bid represents a new direction for Diller's investment focus. Jody Lurie from Bloomberg Intelligence discussed the deal with Scarlet Fu on "Bloomberg Deals."