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TKO Buying On Location, IMG and PBR in $3.25 Billion Endeavor Swap

By Yahoo! Finance   |   Oct 24, 2024 at 07:54 AM EST
TKO Buying On Location, IMG and PBR in $3.25 Billion Endeavor Swap

Endeavor Group Holdings transfers three business lines to TKO Group Holdings in a $3.25 billion deal, increasing its majority stake in UFC and WWE parent to 59%. TKO plans to buy back $2 billion of its stock and pay dividends to shareholders.

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