Endeavor Group (EDR) and WWE (WWE) announced the close of their previously announced agreement and the launch of TKO Group (TKO). TKO brings together UFC and WWE to create a new premium sports and entertainment company serving more than one billion young and diverse fans, reaching viewers in 180 countries, and producing more than 350 annual live events.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on EDR:
- Endeavor started with an Outperform at TD Cowen ahead of near-term catalysts
- Endeavor Group initiated with an Outperform at TD Cowen
- Endeavor, WWE selloffs present buying opportunity, says Morgan Stanley
- Saudi investment in PFL a ‘new overhang’ on Endeavor Group, says BofA
- Guggenheim says Saudi Arabia investment not ‘game changer’ for UFC
