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Barry Diller Bets Big On Real-World Assets AI Can't Replace With MGM Resorts Bid
Barry Diller Bets Big On Real-World Assets AI Can't Replace With MGM Resorts Bid
People Incorporated, formerly IAC and run by Barry Diller, has submitted a non-binding proposal to acquire the remaining MGM Resorts shares it does not already own for $48.30 per share in cash.
The latest Bloomberg data show People Inc. owns 26.1% of MGM Resorts, or about 66.82 million shares. The offer to buy the remainder would cover roughly 73.9% of MGM that is not already owned.
The $48.30-per-share offer represents a 24.1% premium to MGM's 30-day volume-weighted average...
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Oct 10, 2026 / Tyler Durden
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Copper futures in London closed near record highs to end the week, as desks at JPMorgan and Deutsche Bank have recently warned that dwindling global supplies of the industrial metal could produce another leg higher.
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Iceland Voters Reject Reopening Talks To Join European Union
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Iceland voters on Saturday rejected a proposal to reopen negotiations to join the European Union, after the island nation of some 400,000 people chose to maintain independence after shelving its membership bid more than a decade ago.
Supporters of the 'No' campaign wave Icelandic flags during a rally against reopening Iceland's European Union accession negotiations in Reykjavik, Iceland, on Aug. 27, 2026, two days ahead of a national referendum. Jonathan Nackstrand/AFP via Getty Images
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Jun 21, 2026 / Dave DeCamp
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Heavy Israeli strikes pounded Gaza on Saturday, with attacks targeting an Al Jazeera journalist and killing women and children, as the IDF continues its constant violations of the US-backed ceasefire deal. An Israeli strike on a home in central Gaza killed three men, including Ahmed Wishah, a 25-year-old cameraman for Al Jazeera, marking the 12th […]
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