MGM Resorts shares sink 9% after Barry Diller's People Inc. rescinds takeover offer

What happened
Barry Diller's People Inc. has rescinded its offer to buy the remaining public shares of MGM Resorts.
Summary assembled by rule from the sources below

Barry Diller's People Inc. has rescinded its offer to buy the remaining public shares of MGM Resorts.
Summary assembled by rule from the sources below