All-Purpose News Thread Part II

AtlantaWhaler

Thrash/Preds/Sabres
Jul 3, 2009
20,195
3,426
CNBC Sport TKO Group to acquire IMG, Professional Bull Riders and On Location from Endeavor for $3.25 billion

TKO Group, the company that owns WWE and UFC, is expanding into sports-adjacent properties by acquiring three businesses for $3.25 billion from its controlling owner, Endeavor Group.

The businesses are Professional Bull Riders, On Location, and IMG, the companies announced Thursday. The deal is all stock, and Endeavor’s ownership in TKO will increase from 53% to 59%.

The transaction expands TKO’s strategic ambitions by broadening its sports focus beyond the operation of leagues. While the company does acquire a new league in PBR, the world’s largest bull riding league, it also is expanding into luxury hospitality with On Location and media rights consultancy through IMG.
 

Sheppy

Registered User
Nov 23, 2011
58,178
63,400
The Arctic
I don't know that I would pay that to see my team in a Super bowl
I paid $270 for risers next to the ramp at WM30 and risers just off the floor behind the announce booths at 33 were $250.

Just pure insanity.

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So much for going to Vegas in April. That and the fact the dollar is trash right now.
 

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