Brief: Endeavor Announces Management Buyout Of Openbet And Img Arena

Endeavor group

11/11/2024 21:42

Nov 11 (Reuters) - Endeavor Group Holdings Inc  EDR.N :
    * ENDEAVOR ANNOUNCES MANAGEMENT BUYOUT OF OPENBET AND IMG
ARENA
    * ENDEAVOR GROUP HOLDINGS INC: PROPOSED DEAL FOR
APPROXIMATELY
$450 MILLION
    * ENDEAVOR: TO SELL OPENBET, IMG ARENA TO OB GLOBAL HOLDINGS
LLC
IN MANAGEMENT BUYOUT BACKED BY ARIEL EMANUEL WITH PARTICIPATION
FROM EXECS OF OPENBET
    * ENDEAVOR GROUP HOLDINGS INC: DEAL FINANCED THROUGH A MIX
OF CASH
AND DEBT

Source text:  ID:nBw7h366Ha 
Further company coverage:  EDR.N 

 ((Reuters.Briefs@thomsonreuters.com;))