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They Tried to Buy MGM. Now MGM Might Buy Them.

MGM Resorts may consider buying People Inc., months after the media company explored a deal for MGM. Ryan Holt explains the Las Vegas talks.

They Tried to Buy MGM. Now MGM Might Buy Them.

Las Vegas dealmaking just took a strange turn. Only months ago, Barry Diller’s People Inc. wanted to buy MGM Resorts International. Now MGM may be considering buying People Inc. MGM CEO Bill Hornbuckle left the possibility open this week when asked whether the casino giant could pursue its largest shareholder, according to reports following the Global Gaming Expo. Hornbuckle stopped well short of announcing a deal. But his comments come after reports that MGM has discussed making a bid for…

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