Endeavor Sells IMG, On Location & Professional Bull Riders To TKO For $3.25B; Ari Emanuel’s Conglom Also May Unload Tennis Holdings, Frieze Art Fair – Update
Watch on Deadline PREVIOUSLY:Ari Emanuels Endeavor is shuffling its sports entertainment deck. It will also have an equal number of TKOs Class B common stock. The$13 billion privatizationwas announced last April. Endeavor CEO Ari EmanuelChris Unger/Zuffa LLC The pure-play TKO, by contrast, has been a stellar performer. Its shares have risen more than 60% in 2024 to date. This underscores our continued focus on delivering sustainable long-term value for our shareholders....