{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Option","title":"Episode 69: Barry Diller's $18B Bid to Take MGM Private","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/1d7adf9c\"></iframe>","width":"100%","height":180,"duration":222,"description":"Barry Diller's People Inc. — formerly IAC — submitted a non-binding proposal to acquire the remaining shares of MGM Resorts International it doesn't already own, valuing the casino and hospitality giant at $18 billion and signaling an intent to take the company private. For agents, producers, and executives tracking capital concentration in entertainment-adjacent assets, this is a landmark move by one of the industry's most consequential dealmakers. Key Takeaways: People Inc. offered $48.30 per share in cash — a 24% premium to MGM's 30-day VWAP and more than 30% to its 90-day VWAP as of...","thumbnail_url":"https://img.transistorcdn.com/4RKcc1IGb7a3BJ1dndiWrVMcYNS3d-RHc5yAO2mJR8g/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zODVm/MzRmM2IxNDUwOWZj/NDg0NGJhMjhjOTI2/MmZhMS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}