{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-110218","form_type":"8-K","ticker":"IAC","cik":"0001800227","company_name":"IAC Inc.","filed_at":"2026-09-24T12:04:49+00:00","discovered_at":"2026-09-24T13:00:03.502281+00:00","generated_at":"2026-09-24T13:00:32.214277+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"People Incorporated withdraws proposal to acquire all public shares of MGM Resorts","bullets":["Withdrew unsolicited proposal to buy all outstanding MGM Resorts shares not already owned; no deal pursued at this time.","Still holds 66.8 million MGM shares (~27% stake); Diller affirms confidence in MGM management and prospects.","Principal publishing business reports 11th consecutive quarter of growth; company has cash for investment and buybacks.","Remains open to and interested in a future strategic transaction with MGM Resorts, considering alternatives."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-110218","json":"https://secwatch.observer/filing/0001104659-26-110218.json","markdown":"https://secwatch.observer/filing/0001104659-26-110218.md","text":"https://secwatch.observer/filing/0001104659-26-110218.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1800227/000110465926110218/0001104659-26-110218-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1800227/000110465926110218/tm2626049d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-24T13:00:32.214277+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}