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Barry Diller withdraws bid for MGM Resorts, WSJ reports
Source: reuters.com
M&A & RestructuringTravel & Leisure
Barry Diller has withdrawn his bid for MGM Resorts after months of discussions, ending a potential acquisition catalyst for the casino and hospitality company. The decision removes the prospect of a deal premium and could weigh modestly on MGM Resorts shares.
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Overall Sentiment
mildly negative
Sentiment Score
-0.15
Ticker Sentiment
MGM-0.45
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