Endeavor to Sell OpenBet, IMG Arena in $450M Buyout Backed by …
3 days ago · Under the terms of the management buyout, a new entity, OB Global Holdings LLC, will acquire OpenBet and IMG Arena for approximately $450 million, financed through a combination of cash and debt ...
Endeavor to sell OpenBet, IMG Arena for about $450 mln to …
3 days ago · Nov 11 (Reuters) - Endeavor Group (EDR.N) 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 ...
Endeavor to Sell OpenBet, IMG Arena in $450 Million …
3 days ago · Mon, Nov 11, 2024, 2:21 PM3 min read. Endeavor is selling OpenBet and IMG Arena to OB Global Holdings LLC in a management buyout backed by CEO Ari Emanuel and executives from OpenBet, including ...
Endeavor sells OpenBet, IMG Arena for $450 million in Ari …
3 days ago · Endeavor said it will sell OpenBet, along with sports data provider IMG Arena, to OB Global Holdings LLC for $450 million in cash and debt, an amount much less than what Endeavor paid for OpenBet ...
Endeavor Selling OpenBet And IMG Arena In $450M …
4 days ago · By Jill Goldsmith. November 11, 2024 1:58pm. Ari Emanuel Getty Images. Endeavor is selling OpenBet and IMG Arena in a management buyout backed by Ariel Emanuel with participation from executives ...
Endeavor sells OpenBet, IMG Arena for $450 million in Ari …
3 days ago · Endeavor said it will sell OpenBet, along with sports data provider IMG Arena, to OB Global Holdings LLC for $450 million in cash and debt, an amount much less than what Endeavor paid for OpenBet ...
Endeavor announces management buyout of OpenBet and IMG ARENA
4 days ago · About IMG ARENA. IMG ARENA delivers live streaming and data feeds for more than 65,000 events across a wide range of sports annually, as well as for on-demand virtual sports products and front-end solutions including the UFC Event Centre. Clients include UFC, MLS, PGA Tour, DP World Tour, USTA, EuroLeague, and the NWSL.
Endeavor selling IMG Arena, OpenBet for $450M - Sports …
2 days ago · Endeavor has "agreed to sell OpenBet and IMG Arena," its sports gambling and technology businesses, in a $450M management buyout backed by Endeavor CEO Ari Emanuel with participation from OpenBet CEO Jordan Levin and other execs.The deal "is a necessary step" for the closing of the proposed Endeavor take-private deal with Silver Lake, expected to occur in the first quarter of 2025.
Endeavor Announces Management Buyout of OpenBet and IMG ARENA
3 days ago · IMG ARENA delivers live streaming and data feeds for more than 65,000 events across a wide range of sports annually, as well as for on-demand virtual sports products and front-end solutions ...
Endeavor to Integrate OpenBet and IMG ARENA Businesses …
Feb 1, 2024 · IMG ARENA will now operate as a brand under the OpenBet banner, continuing to offer its suite of sports data, integrity and fan engagement products to rightsholders, federations, leagues, events, media outlets and betting operators.