- In addition to complementing TKO's existing core UFC and WWE businesses, the strategic acquisition of these sports and hospitality assets from Endeavor expands TKO's operational footprint in the fast-growing premium sports market and enables direct participation in the upside from partner leagues and events.
- Endeavor will receive approximately 26.14 million common units of TKO Operating Company, LLC and will subscribe for an equal number of shares of TKO's Class B common stock, with Endeavor expected to own approximately 59% of TKO alongside the other existing TKO shareholders, who will own the remaining 41% upon completion of the transaction. The transaction is also subject to purchase price adjustments to be settled in cash and equity.
TKO Group Has Agreed To Acquire Professional Bull Riders, On Location, and IMG From Endeavor In An All-Equity Transaction Valued At $3.25B, The Deal Is Expected Close In 1H 2025
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