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.
IMG Arena still for sale after Emanuel-led MBO
Endeavor chief executive Ari Emanuel has led a management buyout of betting and sports data businesses OpenBet and IMG Arena for $450m (€424m), but the latter remains for sale. The
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 of OpenBet, including CEO Jordan Levin.
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, its sports gambling and technology businesses, in a $450 million management buyout backed by Endeavor chief Ari Emanuel with participation from OpenBet CEO Jordan Levin and other execs.
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 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
Endeavor Announces Deal To Sell OpenBet, IMG Arena For $450M To OB Global
The company called the transaction a crucial step toward the completion of the proposed Endeavor take-private by Silver Lake. It is subject to standard closing conditions, including the necessary approvals from relevant gaming regulatory authorities,
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Endeavor CEO Buys Endeavor Betting Biz for $450 Million
Endeavor CEO Ari Emanuel is leading a buyout of his company's sports betting assets-IMG Arena and OpenBet-for $450 ...