TKO Group to acquire some Endeavor sports assets for $3.25 billion-March 2024-www.financetom.com

TKO Group to acquire some Endeavor sports assets for $3.25 billion

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TKO Group to acquire some Endeavor sports assets for $3.25 billion

Oct 24, 2024 7:22 PM

(Reuters) -TKO Group Holdings ( TKO ) said on Thursday it would acquire some of Endeavor Group Holdings' ( EDR ) 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.

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