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

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

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

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.

Previous page： Corteva's Split Could Unlock More Value for Seed Business, Deutsche Bank Says Next page： Wendy's Faces Challenging Near-Term Sales Scenario, Oppenheimer Says

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Corteva's Split Could Unlock More Value for Seed Business, Deutsche Bank Says

Oct 3, 2025

10:39 AM EDT, 10/03/2025 (MT Newswires) -- Corteva's ( CTVA ) potential split could unlock value by allowing the Seed business to trade at a higher multiple unburdened by Crop Protection's challenges, Deutsche Bank said in a note Friday. The company has lost $7 billion in market value since plans to separate its Seed and Crop Protection units were first...

Wendy's Faces Challenging Near-Term Sales Scenario, Oppenheimer Says

Oct 3, 2025

10:40 AM EDT, 10/03/2025 (MT Newswires) -- Wendy's (WEN) is facing a challenging near-term sales setup as management pushes H2 sales projects into 2026 amid soft quick-service demand and heightened competition, Oppenheimer said in a note to clients Friday. The investment firm cut its same-store-sales estimates for Wendy's to below Street forecasts for the rest of this year to reflect...

--Rivian Automotive to Redesign EV Door Handles, Bloomberg Reports

Oct 3, 2025

10:36 AM EDT, 10/03/2025 (MT Newswires) -- Price: 13.46, Change: -0.07, Percent Change: -0.55 ...

What the US government shutdown means for your money

Oct 3, 2025

* Shutdown impacts travel, fraud reporting, small business loans * AI tools like ChatGPT used by 13% of retail investors for stock picking * Arabica coffee prices doubled due to tariffs, affecting U.S. coffee costs By Lauren Young NEW YORK, Oct 3 (Reuters) - This was originally published in the On The Money newsletter, where we share U.S. personal finance...