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.
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