TKO to Pay $3.25 Billion for Endeavor's Bull Riding, Other Units.
Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Shaw, Lucas 3 of 3
Abstract
TKO Group Holdings Inc. is set to acquire three sports businesses from Endeavor Group Holdings Inc. for $3.25 billion in stock, including the Professional Bull Riders league, On Location, and IMG. The acquisition is part of TKO's expansion of live entertainment assets, led by CEO Ari Emanuel and President Mark Shapiro. The deal, approved by TKO's board, is expected to close in the first half of next year, with Endeavor owning about 59% of TKO. [Extracted from the article]
Additional Information
- Source:Bloomberg.com. 2024/10, pN.PAG
- Document Type:Article
- Subject Area:Zoology
- Publication Date:2024
- Accession Number:180455660
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