MGM Resorts International (MGM) stock is sinking in Tuesday's pre-market trading after billionaire Barry Diller dropped his buyout offer, while still maintaining his 27% stake in the company. The 8:30 Hosts Julie Hyman, Pras Subramanian, and Jake Conley react to this headline. Video Transcript 00:00 Speaker A Just quickly, want to talk about MGM Resorts because Barry Diller, um, Barry Diller's people, as in People Magazine and that parent company, was going to buy all of MGM or at least try to buy all of MGM. 00:15 Speaker B Buy the rest of it. 00:15 Speaker A They already own a stake. And he says now, never mind, I'm not doing it. It sounds like he had trouble raising money to do it, which is interesting. 00:22 Speaker B Yeah. 00:23 Speaker B Yeah.
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