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    Barry Diller's People withdraws $18B offer to take MGM Resorts private

    Barry Diller's People withdraws $18B offer to take MGM Resorts private

    People Inc., led by Barry Diller, has withdrawn its $18 billion offer to acquire the outstanding public shares of MGM Resorts International. This decision concludes months of negotiations regarding a transaction that would have privatized the casino operator.

    Summary based on reporting by Yogonet, which retains all rights to its text and images.

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    Aristocrat posts 13% earnings growth for 2025/2026 FY, returns $1.29 billion to shareholders

    Aristocrat posts 13% earnings growth for 2025/2026 FY, returns $1.29 billion to shareholders

    Aristocrat Leisure Limited reported a 13% increase in normalized earnings per share before amortization (EPSA) in constant currency for the 2025/2026 financial year ended September 30, 2026. The Australian gaming company generated normalized net profit after tax and amortization (NPATA) of A$1.58 billion. During the period, Aristocrat returned approximately A$1.9 billion ($1.29 billion) to shareholders through dividends and share buybacks.