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EDR / WWE, UFC majority owner stock pops as CEO mulls strategic alternatives

WWE, UFC majority owner stock pops as CEO mulls strategic alternatives
Endeavor Group Holdings, the majority owner of both the WWE and UFC through TKO Holdings, saw its shares skyrocket nearly 25% after hours Wednesday after alluding to a potential future sale.  “Given the continued dislocation between Endeavor's public market value and the intrinsic value of Endeavor's underlying assets, we believe an evaluation of strategic alternatives is a prudent approach to ensure we are maximizing value for our shareholders,” CEO Ari Emanuel said in a statement. Read More
Posted: Oct 25 2023, 18:19
Author Name: Proactive Investors
Views: 091982

EDR News  

Why Endeavor Group Stock Jumped Today

By The Motley Fool
October 27, 2023

Why Endeavor Group Stock Jumped Today

Private equity Silver Lake is preparing a takeover bid for Endeavor. The talent agency had previously said it was considering strategic options for it more_horizontal

Why Endeavor Group Stock Popped 27% This Week

By The Motley Fool
October 27, 2023

Why Endeavor Group Stock Popped 27% This Week

Endeavor Group announced a review of strategic alternatives earlier this week, including a potential sale of the company. Private equity firm Silver L more_horizontal

Shares of UFC owner Endeavor jump as firm could be taken private again

By New York Post
October 26, 2023

Shares of UFC owner Endeavor jump as firm could be taken private again

Ari Emanuel's Endeavor Group Holdings, which owns a majority stake in Ultimate Fighting Championship, said late Wednesday that it would explore strate more_horizontal

WWE, UFC majority owner stock pops as CEO mulls strategic alternatives

By Proactive Investors
October 25, 2023

WWE, UFC majority owner stock pops as CEO mulls strategic alternatives

Endeavor Group Holdings, the majority owner of both the WWE and UFC through TKO Holdings, saw its shares skyrocket nearly 25% after hours Wednesday af more_horizontal

UFC owner Endeavor announces review of strategic options

By Reuters
October 25, 2023

UFC owner Endeavor announces review of strategic options

Sports behemoth Endeavor Group Holdings said on Wednesday it has begun a formal review to evaluate strategic alternatives for the company, but would n more_horizontal

Endeavor to look for ‘alternatives,' but plans to keep WWE, UFC holdings

By Market Watch
October 25, 2023

Endeavor to look for ‘alternatives,' but plans to keep WWE, UFC holdings

Shares of Endeavor Group Holdings Inc. EDR, -1.96% jumped more than 8% in the extended session Wednesday after the sports entertainment company said i more_horizontal

WWE, UFC merger officially closes; deal creates new company called 'TKO Group'

By Fox Business
September 12, 2023

WWE, UFC merger officially closes; deal creates new company called 'TKO Group'

Professional wrestling promotion juggernaut WWE formally tied the knot with UFC's parent company Endeavor to form a new company called TKO Group. more_horizontal

TKO, the newly merged UFC-WWE, aspires to grow beyond fighting

By CNBC
September 12, 2023

TKO, the newly merged UFC-WWE, aspires to grow beyond fighting

After an 18-month integration of WWE and UFC, TKO will begin hunting for more live sports-related acquisitions. more_horizontal


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