Key facts
- Barry Diller has withdrawn his bid for MGM Resorts.
- The withdrawal followed months of discussions with the company.
- The Wall Street Journal reported the withdrawal on Wednesday.
Barry Diller announced on Wednesday that he is withdrawing his bid to acquire MGM Resorts International. The decision comes after several months of discussions between Diller and the casino operator, according to a report by The Wall Street Journal. The withdrawal signifies the end of Diller's pursuit of the company.