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 divisions 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 selling IMG Arena, OpenBet for around $450m
Endeavor announced the deal - a management buyout by a group operating as OB Global Holdings that also involves OpenBet executives such as CEO Jordan Levin - yesterday. Levin will continue to lead OpenBet following this transaction closing. The transaction ...
OpenBet breaks from Endeavor via management buyout
Endeavor Group Holdings has agreed to sell OpenBet and IMG Arena in a management buyout backed by Ariel Emanuel (CEO of Endeavor) with participation from
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 Announces Management Buyout of OpenBet and IMG ARENA
Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor” or the “Company”), a global sports and entertainment company, today announced that it has agreed
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 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 Announces Deal To Sell OpenBet, IMG Arena For $450M To OB Global
The company called the transaction a crucial step toward the completion of the proposed Endeavor take-private by Silver Lake. It is subject to standard closing conditions, including the necessary approvals from relevant gaming regulatory authorities,
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Endeavor CEO Buys Endeavor Betting Biz for $450 Million
A number of OpenBet executives, including CEO Jordan Levin, are participating as well. Endeavor bought OpenBet in 2022 ...
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 ...
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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 Ariel ...
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Endeavor Sells OpenBet, IMG Arena in Management Buyout Deal
including CEO Jordan Levin. The transaction comes as Endeavor prepares for its acquisition by private equity firm Silver ...
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Endeavor to Sell OpenBet, IMG Arena in $450 Million Management Buyout Backed by Ari Emanuel
Endeavor is selling OpenBet and IMG Arena to OB Global Holdings LLC in a management buyout backed by CEO Ari Emanuel and ...