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TKO Group Will Acquire PBR, IMG and On Location
TKO to acquire Professional Bull Riders and other Endeavor assets in $3.25-billion deal
In an all-equity deal, publicly traded TKO will receive Professional Bull Riders, live events business On Location and global sports marketing agency IMG.
TKO Group Will Acquire PBR, IMG and On Location From Majority Owner Endeavor in $3.25 Billion Deal
Endeavor is transferring several sports assets -- including PBR and IMG -- to TKO Group, the holding company of WWE and UFC.
TKO Group to Acquire Some Endeavor Sports Assets for $3.25 Billion
(Reuters) -TKO Group Holdings said on Thursday it would acquire some of Endeavor Group Holdings' sports assets in a deal valued at $3.25 billion. The deal will include Endeavor's Professional Bull Riders, On Location and IMG. These are expected to boost TKO's existing core Ultimate Fighting Championship and World Wrestling Entertainment businesses.
TKO Group to acquire IMG, Professional Bull Riders and On Location from Endeavor for $3.25 billion
TKO Group, the company that owns UFC and WWE, is expanding its reach in the sports world by acquiring three businesses from Endeavor Group for $3.25 billion.
TKO Group Makes Major Power Play: Buys Professional Bull Riders, IMG, and On Location in $3.25 Billion Deal
In a blockbuster move that’s shaking up the sports industry, TKO Group, the parent company of WWE and UFC, is acquiring Professional Bull Riders (PBR), On Location, and IMG from Endeavor Group in a massive $3.
TKO signs over majority control to Endeavor to bolster portfolio with PBR, On Location, and IMG assets
TKO Group (NYSE:TKO) on Thursday struck a deal to buy Professional Bull Riders (PBR), On Location, and IMG in an all-equity transaction valued at $3.25 billion from Endeavor Group (NYSE:EDR), making Endeavor the lion share equity owner in the WWE and UFC parent.
12h
on MSN
Quikrete is in talks to acquire Summit Materials, sources say
Building materials provider Quikrete has approached rival Summit Materials, which has a market value of more than $7 billion, ...
Restaurant Business
3h
Texas Roadhouse to acquire 13 restaurants from a franchisee
The deal is part of the casual-dining chain’s effort to own more locations as it continues to generate impressive sales.
23h
Identity Startup Socure to Acquire Effectiv for $136 Million
Socure Inc., an identity verification service provider used by companies such as Chime Financial Inc. and Robinhood Markets ...
21h
NFL news, injury updates: Chiefs finalize deal to acquire DeAndre Hopkins, Bucs' Chris Godwin to have surgery on ankle
The Kansas City Chiefs have finalized a trade for Tennessee Titans wide receiver DeAndre Hopkins, the team announced on ...
17h
Acuity Announces Agreement to Acquire QSC, LLC
QSC, LLC is a Leader in the Strategically Adjacent and Growing Audio, Video and Control Industry Transaction Expected to Close in the Second ...
Convenience Store News
20h
Keurig Dr Pepper to Acquire Ghost Energy Drink for Nearly $1 Billion
Keurig Dr Pepper has entered a definitive agreement to acquire Ghost Lifestyle LLC and Ghost Beverages LLC, makers of the ...
Raiders Wire on MSN
1d
Chiefs acquire former All Pro WR DeAndre Hopkins ahead of Week 8 matchup with Raiders
It was not long ago that DeAndre Hopkins was the best receiver in football. While those days are probably over, the ...
17h
Lyell Immunopharma to Acquire ImmPACT Bio and Prioritizes its Pipeline to Focus on Next-Generation CAR T-cell Therapies
Strengthens Lyell’s clinical pipeline with the addition of IMPT-314, a dual-targeting CD19/CD20 CAR T-cell product candidateData from ImmPACT’s ...
National Basketball Association
15h
Iowa Wolves Acquire Returning Player Rights To Mike Miles Jr.
The Iowa Wolves announced today that the team has acquired the returning player rights to guard Mike Miles Jr. from the Texas ...
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