• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13D/A filed by IAC/InterActiveCorp (Amendment)

    2/16/22 4:16:18 PM ET
    $IAC
    Computer Software: Programming Data Processing
    Technology
    Get the next $IAC alert in real time by email
    SC 13D/A 1 tm226770d1_sc13da.htm SC 13D/A

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

     

    SCHEDULE 13D

     

    Under the Securities Exchange Act of 1934

    (Amendment No. 3)

     

     

     

    MGM Resorts International

    (Name of Issuer)

     

    Common Stock, par value $0.01 per share

    (Title of Class of Securities)

     

    552953 10 1

    (CUSIP Number)

     

    Kendall Handler

    Executive Vice President & Chief Legal Officer

    IAC/InterActiveCorp

    555 West 18th Street

    New York, NY 10011

    Telephone: (212) 314-7300

    Facsimile: (212) 314-7309

     

    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

     

    February 14, 2022

    (Date of Event which Requires Filing of this Statement)

     

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ¨

     

    * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

     

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

    (Continued on following pages)

     

     

     

     

     

    1

    NAME OF REPORTING PERSON

     

    IAC/InterActiveCorp

    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨
    (b) x
    3 SEC USE ONLY
    4 SOURCE OF FUNDS
    OO (See Item 3)
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
    REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

    ¨

    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    Delaware

     

    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    7

    SOLE VOTING POWER

    63,533,902 (1)

    8 SHARED VOTING POWER
    -0-
    9 SOLE DISPOSITIVE POWER
    63,533,902 (1)
    10 SHARED DISPOSITIVE POWER
    -0-

     

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    63,533,902(1)

    12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
    13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
    13.7%(2)
    14 TYPE OF REPORTING PERSON
    CO

     

     

    (1)Reflects shares of Common Stock beneficially owned by IAC/InterActiveCorp (“IAC”).

     

    (2)Percentage calculated on the basis of 468,959,843 shares of common stock, par value $0.01, of MGM Resorts International (“Common Stock”) issued and outstanding as of November 1, 2021 (based upon information contained in the MGM Resorts International’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2021) less 4,500,000 shares of Common Stock repurchased by MGM Resorts International on February 14, 2022.

     

     

     

     

    This statement constitutes Amendment No. 3 (“Amendment No. 3”) to the Schedule 13D relating to the shares of common stock, $0.01 par value (the “Shares”), of MGM Resorts International (the “Issuer”), and hereby amends the Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on August 10, 2020 (as amended by Amendment Nos. 1 and 2 filed with the SEC on August 20, 2020 and January 11, 2021, respectively (the “Schedule 13D”).  The purpose of this Amendment No. 3 is to report an increase in the number of Shares held by the Reporting Person. Except as set forth herein, the Schedule 13D as previously filed remains applicable. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D.

     

    ITEM 3. Source and Amount of Funds or Other Consideration.

     

    Item 3 is hereby amended and supplemented by adding the following paragraph at the end of Item 3:

     

    On February 14, 2022, the Reporting Person purchased 4,500,000 Shares in a block trade with cash on hand at a per Share price of $45.00 and for a aggregate purchase price of $202,500,000 (the “February 2022 Block Trade”).

     

    ITEM 5. Interest in Securities of the Issuer.

     

    Item 5(a) is hereby amended by replacing the first paragraph with the following:

     

    As of the close of business on the date of Amendment No. 3, the Reporting Person has beneficial ownership of 63,533,902 Shares constituting approximately 13.7% of the Shares outstanding.

     

    Item 5(a) is hereby amended by replacing the final paragraph with the following:

     

    The aggregate percentage of the Shares reported owned by each person named herein is based upon 468,959,843 Shares issued and outstanding (the total number of Shares issued and outstanding as of November 1, 2021, as reported in the Issuer's Quarterly Report on Form 10-Q for the period ended September 30, 2021, filed with the SEC on November 3, 2021) less 4,500,000 Shares repurchased by the Issuer on February 14, 2022.

     

    Item 5(c) is hereby amended and supplemented by adding the following paragraph at the end of such Item and subsection:

     

    Except for the February 14, 2022 Block Trade, there have been no transactions by the Reporting Person in the Shares during the past 60 days prior to Amendment No. 3.

     

     

     

     

    SIGNATURE

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

    Dated: February 16, 2022

     

    IAC/InterActiveCorp
         
      By:

    /s/ Kendall Handler

      Name: Kendall Handler
      Title: Executive Vice President & Chief Legal Officer

     

     

    Get the next $IAC alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $IAC

    DatePrice TargetRatingAnalyst
    3/21/2025$60.00Overweight
    Analyst
    12/10/2024$68.00 → $54.00Overweight → Neutral
    Piper Sandler
    7/9/2024$78.00Mkt Outperform
    JMP Securities
    2/15/2023$46.00 → $54.00Sell → Neutral
    UBS
    12/13/2022$60.00Buy
    Citigroup
    12/2/2022$46.00Sell
    UBS
    2/22/2022$195.00 → $173.00Outperform
    BMO Capital
    2/17/2022$161.00 → $167.00Outperform
    Credit Suisse
    More analyst ratings

    $IAC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Analyst resumed coverage on IAC Inc. with a new price target

      Analyst resumed coverage of IAC Inc. with a rating of Overweight and set a new price target of $60.00

      3/21/25 8:11:05 AM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • IAC Inc. downgraded by Piper Sandler with a new price target

      Piper Sandler downgraded IAC Inc. from Overweight to Neutral and set a new price target of $54.00 from $68.00 previously

      12/10/24 6:53:26 AM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • JMP Securities initiated coverage on IAC Inc. with a new price target

      JMP Securities initiated coverage of IAC Inc. with a rating of Mkt Outperform and set a new price target of $78.00

      7/9/24 7:47:35 AM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology

    $IAC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • IAC TO ANNOUNCE Q2 2025 EARNINGS ON AUGUST 4th AND HOST EARNINGS CONFERENCE CALL ON AUGUST 5th

      NEW YORK, July 9, 2025 /PRNewswire/ -- After the close of market trading on Monday, August 4, 2025, IAC (NASDAQ:IAC) will post its second quarter results at https://ir.iac.com/quarterly-results. On Tuesday, August 5, 2025, at 8:30 a.m. ET, IAC will host a conference call to answer questions regarding the company's second quarter results. The live audiocast and replay will be open to the public through the investor relations section of the IAC site at https://ir.iac.com/quarterly-results. About IACIAC (NASDAQ:IAC) builds companies. We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. From the single seed that started as IAC n

      7/9/25 4:10:00 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • IAC Inc. Announces Pricing of Offering of Senior Secured Notes of Dotdash Meredith

      NEW YORK, June 5, 2025 /PRNewswire/ -- IAC Inc. (NASDAQ:IAC) ("IAC") announced today that its wholly owned subsidiary, Dotdash Meredith Inc. ("DDM"), has agreed to sell $400 million aggregate principal amount of 7.625% senior secured notes due 2032 (the "Notes") in a private offering (the "Offering").  The Notes will bear interest at an interest rate of 7.625% per annum and will be issued at 100.00% of their face value.  DDM's obligations under the Notes will be guaranteed on a senior secured basis by certain of DDM's subsidiaries. DDM intends to use the proceeds of the offeri

      6/5/25 5:00:00 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • Care.com Debuts Bold New Look and Enhanced Product Experience, Unlocking the Brand's Next Chapter

      Today, Care.com, one of the largest online marketplaces to find family care and care jobs, announced a robust rebrand, unveiling a new visual identity and an improved user experience to usher the company into its next phase of growth. This transformation marks the most significant brand evolution in the company's 18-year history and reflects a deepened commitment to meeting the evolving needs of a new generation of families and caregivers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250602094521/en/ This comes on the heels of Care.com's 2025 Cost of Care Report uncovering significant mental strain on parents. Released today,

      6/2/25 9:00:00 AM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology

    $IAC
    SEC Filings

    See more
    • SEC Form 11-K filed by IAC Inc.

      11-K - IAC Inc. (0001800227) (Filer)

      6/25/25 4:00:53 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • IAC Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

      8-K - IAC Inc. (0001800227) (Filer)

      6/23/25 4:15:59 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • IAC Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

      8-K - IAC Inc. (0001800227) (Filer)

      6/17/25 4:30:19 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology

    $IAC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Eisner Michael D was granted 343 shares, increasing direct ownership by 0.20% to 170,711 units (SEC Form 4)

      4 - IAC Inc. (0001800227) (Issuer)

      7/2/25 5:38:30 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • Director Clinton Chelsea was granted 167 shares, increasing direct ownership by 0.21% to 80,633 units (SEC Form 4)

      4 - IAC Inc. (0001800227) (Issuer)

      7/2/25 5:33:02 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • Director Seferian Maria was granted 335 shares, increasing direct ownership by 8% to 4,392 units (SEC Form 4)

      4 - IAC Inc. (0001800227) (Issuer)

      7/2/25 5:28:40 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology

    $IAC
    Leadership Updates

    Live Leadership Updates

    See more
    • IAC Nominates Tor R. Braham to Board of Directors

      Implements Corporate Governance Enhancements Follows Constructive Engagement with Arkhouse NEW YORK, April 29, 2025 /PRNewswire/ -- IAC (NASDAQ:IAC) today announced that it intends to add Tor R. Braham to its Board of Directors in connection with the Company's 2025 Annual Meeting of Stockholders. "We look forward to welcoming Tor Braham to the Board," said Bonnie Hammer, Chair of the Board's Nominating Committee. "We believe Mr. Braham's background in technology and capital markets as well as his board service experience will be valuable as IAC continues to execute its strategy." Upon his addition to the Board, Mr. Braham is expected to join the Nominating Committee, which will be renamed t

      4/29/25 7:30:00 AM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • Cava Group Set to Join S&P MidCap 400 and Angi to Join S&P SmallCap 600

      NEW YORK, March 26, 2025 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400, and S&P SmallCap 600: Cava Group Inc. (NYSE:CAVA) will replace Altair Engineering Inc. (NASD: ALTR) in the S&P MidCap 400 effective prior to the opening of trading on Monday, March 31. Siemens AG (XETR: SIE) acquired Altair Engineering in a deal completed today.Angi Inc. (NASD: ANGI) will replace The ODP Corp. (NASD: ODP) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, April 2. S&P SmallCap 600 constituent IAC Inc. (NASD: IAC) is spinning off its ownership interest in ANGI in a transaction expected to be completed on Tuesday, April 1. Post spi

      3/26/25 5:40:00 PM ET
      $ALTR
      $ANGI
      $CAVA
      $IAC
      Computer Software: Prepackaged Software
      Technology
      Advertising
      Consumer Discretionary
    • Dotdash Meredith Appoints Jim Lawson as President of D/Cipher

      Former AdTheorent CEO to lead D/Cipher's evolution as the premier cookie-less ad targeting and buying solution for the open Internet NEW YORK, March 17, 2025 /PRNewswire/ -- Today Dotdash Meredith (DDM), the largest digital and print publisher in America, announced the appointment of Jim Lawson as President of D/Cipher, reporting directly to DDM CEO Neil Vogel, to accelerate the growth and development of its D/Cipher contextual ad-targeting solution across the open web. Jim was a co-founder of AdTheorent, a machine-learning powered DSP (media buying platform) not reliant on individual identifiers, and served as CEO from 2019 to 2024. Jim oversaw AdTheorent's growth from a startup in 2012 to

      3/17/25 10:22:00 AM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology

    $IAC
    Financials

    Live finance-specific insights

    See more
    • IAC TO ANNOUNCE Q2 2025 EARNINGS ON AUGUST 4th AND HOST EARNINGS CONFERENCE CALL ON AUGUST 5th

      NEW YORK, July 9, 2025 /PRNewswire/ -- After the close of market trading on Monday, August 4, 2025, IAC (NASDAQ:IAC) will post its second quarter results at https://ir.iac.com/quarterly-results. On Tuesday, August 5, 2025, at 8:30 a.m. ET, IAC will host a conference call to answer questions regarding the company's second quarter results. The live audiocast and replay will be open to the public through the investor relations section of the IAC site at https://ir.iac.com/quarterly-results. About IACIAC (NASDAQ:IAC) builds companies. We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. From the single seed that started as IAC n

      7/9/25 4:10:00 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • IAC Earnings Release Available on Company's Website

      NEW YORK, May 5, 2025 /PRNewswire/ -- IAC (NASDAQ:IAC) posted its first quarter financial results on the investor relations section of its website at https://ir.iac.com/quarterly-results. As announced previously, IAC will host a conference call to discuss the company's first quarter results and to answer questions. The call will be held on Tuesday, May 6, 2025, at 8:30 a.m. ET. Christopher Halpin, Executive Vice President, CFO and COO of IAC and Neil Vogel, CEO of Dotdash Meredith will participate. The live audiocast and replay will be open to the public through the investor relations section of the IAC site at https://ir.iac.com/quarterly-results. About IAC IAC (NASDAQ:IAC) builds companie

      5/5/25 4:10:00 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • IAC TO ANNOUNCE Q1 2025 EARNINGS ON MAY 5th AND HOST EARNINGS CONFERENCE CALL ON MAY 6th

      NEW YORK, April 9, 2025 /PRNewswire/ -- After the close of market trading on Monday, May 5, 2025, IAC (NASDAQ:IAC) will post its first quarter results at https://ir.iac.com/quarterly-results. On Tuesday, May 6, 2025, at 8:30 a.m. ET, IAC will host a conference call to answer questions regarding the company's first quarter results. The live audiocast and replay will be open to the public through the investor relations section of the IAC site at https://ir.iac.com/quarterly-results.  About IAC IAC (NASDAQ:IAC) builds companies. We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. From the single seed that started as IAC 30 yea

      4/9/25 4:10:00 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology

    $IAC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by IAC Inc.

      SC 13G/A - IAC Inc. (0001800227) (Subject)

      11/14/24 4:20:29 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • SEC Form SC 13G filed by IAC Inc.

      SC 13G - IAC Inc. (0001800227) (Subject)

      6/7/24 1:30:02 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology
    • SEC Form SC 13G/A filed by IAC Inc. (Amendment)

      SC 13G/A - IAC Inc. (0001800227) (Subject)

      2/13/24 5:06:19 PM ET
      $IAC
      Computer Software: Programming Data Processing
      Technology