Law firm investigates Barry Diller's $48.30/share bid for MGM Resorts over potential conflicts of interest

Bleichmar Fonti & Auld LLP is investigating Barry Diller's $48.30 per share offer to acquire the remaining MGM Resorts International stock. Diller, a board member and largest shareholder through People, Inc., faces scrutiny for potential conflicts of interest under Delaware law, as he stands on both sides of the deal. The investigation focuses on whether the transaction complies with fiduciary duties and legal fairness requirements. MGM shareholders are encouraged to contact the law firm for legal options, with representation offered on a contingency fee basis.