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 Announces Deal To Sell OpenBet, IMG Arena For $450M To OB Global
The deal was backed by Endeavor CEO Ariel Emanuel and OpenBet executives, including CEO Jordan Levin. Throughout the sale process and even after the deal is completed, Endeavor stated it will continue to seek a third-party buyer for IMG Arena, a sports ...
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 ...
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 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 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.
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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 ...
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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 ...
Endeavor to Sell OpenBet, IMG Arena in $450 Million Management Buyout Backed by Ari Emanuel
The deal, which also includes participation from Endeavor CEO Ari Emanuel and OpenBet CEO Jordan Levin, will be financed ...