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Tag Archives: IAC/InterActiveCorp

US – MGM Resorts welcomes IAC as a billion dollar investor

MGM Resorts International has welcomed the announcement that IAC/InterActiveCorp, the media and technology company founded and led by renowned business leader Barry Diller, has made a significant investment in MGM Resorts International. He has reportedly spent more than $1bn to buy 59m shares in MGM Resorts, giving him a 12 per cent share in the…