MGM Resorts arrives in Grand Cayman during Barry Diller's $18 billion takeover bid

MGM Resorts flew from Red Horse Wash Airport, Nevada, to Grand Cayman on June 10, 2026, a 4-hour trip aboard its Embraer Legacy 500 (tail N783MM). The destination—a financial hub with no MGM Resorts properties—suggests the flight was tied to board-level deliberations over the unsolicited acquisition proposal from Barry Diller's People Inc., formerly IAC.

The same week, MGM Resorts' board, led by chairman Paul Salem, continues to evaluate Diller's $48.30 per share cash offer for the 73.9% of the company it does not already own, as reported by the Eastern Herald on June 8. The proposal, confirmed by MGM Resorts on June 1, values the casino operator at more than $18 billion. With Diller recused, Salem holds the deciding vote on whether to negotiate, reject, or seek a competing bid.

Recent flight patterns show MGM Resorts' aircraft shuttling between Las Vegas, Los Angeles, Houston, and Chicago—typical routes for a company managing 31 resorts. The detour to the Cayman Islands, however, is a departure from routine, likely signaling high-stakes financial meetings as the board weighs the future of the Bellagio, MGM Grand, and the rest of its Strip portfolio.