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MGM Resorts said it amended its voting agreement with People Inc., Barry Diller and associated entities. Subject to conditions, they must vote their MGM shares in line with the board’s recommendation in a change-of-control transaction, and their combined ownership cannot exceed 29.9%. MGM said neither party is required to pursue a transaction and none is contemplated.

A statement from the Las Vegas-based company confirmed that MGM Resorts International and People Inc., the vehicle of Barry Diller, revised a voting agreement they had signed earlier in the year. The filing describes People, Diller and certain associated persons as the "Covered Entities." Those parties committed, provided certain conditions are met, to cast all of their MGM Resorts shares the way the board recommends when a change of control transaction arises. The company gave no indication that it is in discussions with another bidder.