All articles tagged with #tko holdings
Originally Published 1 year ago — by Ringside News
TKO Holdings and Endeavor are set to acquire a significant number of shares from Vince McMahon, with a combined transaction value of approximately $293 million. This follows McMahon's recent sale of nearly $100 million worth of shares. The implications of these moves for McMahon's future remain uncertain, leaving observers intrigued as to what lies ahead for the wrestling mogul.
Originally Published 1 year ago — by Wrestling Inc.
Eric Bischoff commented on Vince McMahon's 12% share in TKO, WWE's parent company, stating that while it may not seem significant, it could become important in a close vote. He praised TKO's handling of the situation and predicted that McMahon would eventually sell his shares or pass them on to his family. McMahon recently sold around $400 million worth of his stock in TKO, reducing his share to 8.3 percent.
Originally Published 2 years ago — by CNN
Endeavor Group Holdings, led by CEO Ari Emanuel, is considering selling some of its assets as it undergoes a strategic review to maximize shareholder value. The sports and entertainment company, which owns IMG, Frieze, and WME, has seen its stock fall over 30% in the past six months. However, shares of Endeavor jumped over 11% in after-hours trading following the announcement. The review will not include the sale of its stake in TKO Group Holdings, the result of a merger between UFC and World Wrestling Entertainment.