Endeavor sells OpenBet, IMG Arena

Endeavor Selling OpenBet and IMG Arena Sports-Gaming Units in $450 Million Management Buyout Backed by Ari Emanuel
Endeavor agreed to sell OpenBet and IMG Arena in a $450 million management buyout backed by Endeavor CEO Ari Emanuel.
Endeavor to sell OpenBet, IMG Arena for about $450 million to management-led group
Endeavor Group will sell its OpenBet and IMG Arena businesses to management-led group OB Global backed by Hollywood power broker Ari Emanuel for about $450 million, the sports and entertainment company said on Monday.
Endeavor to Sell OpenBet, IMG Arena in Management-Backed Buyout
Endeavor Group Holdings Inc. has agreed to sell OpenBet and IMG Arena in a management buyout backed by Ari Emanuel, with participation from OpenBet executives including Chief Executive Officer Jordan Levin.
Endeavor Announces Deal To Sell OpenBet, IMG Arena For $450M To OB Global
Under the terms of the transaction, OB Global will acquire OpenBet and IMG Arena, subject to certain adjustments. The deal will be financed through a combination of cash and debt, the company said in a statement. The deal was backed by Endeavor CEO Ariel ...
Endeavor Selling OpenBet And IMG Arena In Ari Emanuel-Backed $450 Million Management Buyout
Endeavor is selling OpenBet and IMG Arena in a management buyout backed by Ariel Emanuel with participation from executives of OpenBet, including CEO Jordan Levin. The buyout group is operating under the name OB Global Holdings LLC. "This management buyout ...
Endeavor sells OpenBet, IMG Arena for $450 million in Ari Emanuel-led management buyout
Endeavor said it will sell two of its properties to OB Global Holdings LLC, in a management buyout backed by Endeavor CEO Ari Emanuel.
Endeavor to Sell OpenBet, IMG Arena in $450 Million Management Buyout Backed by Ari Emanuel
The deal, which also includes participation from executives including OpenBet CEO Jordan Levin, will be financed through a mix of cash and debt The post Endeavor to Sell OpenBet, IMG Arena in $450 Million Management Buyout Backed by Ari Emanuel appeared first on TheWrap.
SportsPro2h
Why Endeavor is breaking up its empire and what the future holds for TKO
As Silver Lake prepares to take Endeavor private, SportsPro breaks down the company's recent asset sales and explains why it ...
Covers3d
Endeavor Sells OpenBet, IMG Arena in Management Buyout Deal
Endeavor Group Holdings, Inc. has entered into a $450 million management buyout agreement to sell its OpenBet and IMG ...
yogonet2d
Endeavor to sell OpenBet and IMG Arena for $450 million as part of strategic reshuffle
Endeavor has agreed to sell its OpenBet and IMG Arena businesses to OB Global Holdings in a management buyout (MBO) valued at approximately $450 million. The deal, announced on Monday, involves ...
World Screen3d
Endeavor to Sell OpenBet, IMG ARENA in Management Buyout
Endeavor Group Holdings has agreed to sell OpenBet and IMG ARENA to OB Global Holdings in a management buyout backed by ...
Endeavor to Sell OpenBet and IMG Arena In Management Buyout Backed By Ari Emanuel
Endeavor continues to part ways with its different businesses, striking a deal on Monday to sell its OpenBet and IMG Arena ...