NewsNovo
Bleichmar Fonti & Auld LLP, the New York-based securities law firm known as BFA Law, announced on June 30, 2026 that it is investigating Barry Diller's offer to acquire MGM Resorts International at $48.30 per share.
The firm is notifying current MGM shareholders — ticker $MGM — and urging them to contact BFA Law directly.
What the Investigation Covers Securities law investigations of this kind typically focus on whether a buyout offer fully reflects a company's value and whether the board process that evaluated the bid met its fiduciary obligations to shareholders.
BFA Law has not, in its announcement, detailed the specific basis for its concern with the Diller offer, but the firm's outreach to current $MGM shareholders signals it is assessing whether the $48.30 price adequately compensates those holding the stock at the time of any transaction.
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