TKO Group Holdings Acquisition

(Reuters) – TKO Group Holdings announced on Thursday its plans to acquire certain sports assets from Endeavor Group Holdings in a deal valued at $3.25 billion.

Details of the Deal

The acquisition will include:
– Endeavor's Professional Bull Riders
– On Location
– IMG

This move is expected to enhance TKO's core businesses, which include the Ultimate Fighting Championship and World Wrestling Entertainment (NYSE: TKO).