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Endeavor Group Holdings Inc ( (EDR) ) has shared an announcement.
On February 28, 2025, TKO Group Holdings announced the completion of its acquisition of IMG, On Location, and PBR from Endeavor Group Holdings. This acquisition aims to enhance TKO’s portfolio in sports rights, production, and premium events, positioning it to leverage the growing sports and entertainment ecosystem. The transaction involved the exchange of businesses for TKO Common Units valued at $3.25 billion, with a purchase price adjustment of $50 million.
More about Endeavor Group Holdings Inc
Endeavor Group Holdings Inc. is a global sports and entertainment company that specializes in talent representation, marketing, and sports data and technology. It owns TKO Group Holdings, a premium sports and entertainment company with properties like UFC, WWE, IMG, On Location, and PBR, reaching over 210 countries and organizing more than 500 live events annually.
YTD Price Performance: -1.60%
Average Trading Volume: 1,691,083
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $21.04B
Find detailed analytics on EDR stock on TipRanks’ Stock Analysis page.