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The merger closed on September 12, 2023; [38] [33] with Vince McMahon personally owning approximately one-third of the Class A Common Stock of TKO Group Holdings, Inc. [39] The first television show produced under the TKO banner was the September 12 episode of WWE NXT. [40]
TKO Operating Company, LLC, doing business as Zuffa (/ ˈ z uː f ə /), is an American sports promotion company specializing in mixed martial arts. It was founded in January 2001 in Las Vegas , Nevada , by Station Casinos executives Frank Fertitta III and Lorenzo Fertitta to be the parent entity of the Ultimate Fighting Championship (UFC ...
This means you could owe $5,000 on your credit card on the 3rd of any given month, pay off your outstanding balance on the 10th of the month and show a $0 credit card balance by the time your ...
TKO will assume $2.73 billion in debt from UFC, taking that off Endeavor’s balance sheet. With the deal closed, Endeavor’s debt-to-equity ratio will be about 2.8X while TKO will be 2.5X levered.
On April 7, McMahon entered into a stock sale agreement with TKO, which will purchase 1.85 million of his shares in TKO at a per-share price of $89.01 for an aggregate amount of $165 million, per ...
The parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG from Endeavor Group in an all-stock deal valued at $3.25 billion. The sale to parent company TKO is part ...
On October 23, 2024, TKO Group Holdings acquired the event planning and hospitality service On Location as well as IMG (a sports and media agency, producer and distributor previously housed at Endeavor) from Endeavor in $3.25 billion deal Under the terms of the deal, Endeavor "will receive approximately 26.14 million common" shares of TKO stock ...
UPDATED: Dwayne Johnson has joined the board of directors of TKO Group Holdings, Inc., the company formed by Endeavor that merged WWE and the UFC. Johnson, one of the most popular actors and media ...