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A $48.30-per-share bid by Barry Diller to acquire the remaining stake in MGM Resorts International has attracted legal scrutiny before any outcome is determined.
New York-based Bleichmar Fonti & Auld LLP, which describes itself as a leading securities law firm, announced on July 14, 2026 that it has opened an investigation into the offer.
Current shareholders have been notified to make contact with the firm. What the investigation signals The tension in any going-private offer is familiar: whether the price clears the bar of fairness to minority holders.
BFA Law's move signals that at least one firm believes $48.30 warrants a closer look. That price is the figure shareholders need to interrogate before any vote or tender deadline.
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