$48.30/share bidStrategic acquisitionConsumer & RetailRumored

MGM CEO won't rule out a bid for Barry Diller's People Inc.

MGM Resorts CEO Bill Hornbuckle said the casino group will pursue whatever unlocks value for shareholders when asked whether it might acquire People Inc., days after the Diller-controlled media company withdrew its $48.30-per-share proposal to buy the rest of MGM. People Inc. owns roughly 27% of MGM and remains its largest shareholder; MGM shares traded near $32 before the remarks.

Why it matters: A role reversal between target and bidder would be an unusual twist in an already heated round of casino dealmaking.

Read the full coverage, free

Read at CNBCFree

We only link to sources you can read without a subscription. How we check.

More Consumer & Retail deals

$8.9BStrategic acquisitionConsumer & RetailOct 8, 2026

Fairfax and the Weston family's Wittington buy Boots for $8.9B

Fairfax Financial is partnering with Wittington Investments, the Weston family's holding company, to acquire Boots' UK and Ireland retail operations, Boots Opticians, the No7 Beauty Company, and Boots' Thailand and franchised businesses. The total purchase price is about $8.9 billion, including assumed debt.

Read at GlobeNewswireFree

$1.7BMinority stakeConsumer & RetailCompletedOct 8, 2026

ANTA closes $1.7B Puma stake, becoming its largest shareholder

China's ANTA Sports completed its purchase of a 29.06% stake in Puma from Artémis, the Pinault family's investment company, for €1.5055 billion (about $1.7 billion) in cash. ANTA will seek supervisory board representation and says it has no plans to make a takeover offer.

Read at Retail DiveFree

$10.50/share offerStrategic acquisitionConsumer & RetailOct 8, 2026

Copart extends tender offer for ACV Auctions

Copart has again extended the expiration of its all-cash tender offer to buy all shares of ACV Auctions at $10.50 per share.

Read at Business WireFree

~$60MreportedDivestiture / carve-outConsumer & RetailTerminatedOct 7, 2026

Nortera and B&G Foods scrap Green Giant Canada deal after Bureau challenge

B&G Foods and Quebec-based Nortera Foods ended their agreement on October 6 for Nortera to buy B&G's Green Giant and Le Sieur businesses in Canada after the Competition Bureau moved to block it. B&G said it will keep exploring other options for its Canadian Green Giant vegetable business.

Read at Cision CanadaFree