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This marked the third time that the UFC has changed ownership as its parent company Zuffa had been sold to Endeavor in 2016. [12] Zuffa had previously purchased the UFC from the Semaphore Entertainment Group in 2001. Endeavor chief executive officer (CEO) Ari Emanuel is the CEO of TKO and Mark Shapiro serves as president and chief operating ...
WWE's stock price additionally decreased following the announcement of the sale. [85] On May 16, it was reported that the new entity would operate under the name TKO Group Holdings . [ 86 ] The merger was finalized on September 12, 2023.
Shares of TKO, which began trading Tuesday on the New York Stock Exchange, closed up 2.4% on the day, to $103.05 per share after opening at $102. Meanwhile, Endeavor’s stock rose 1.1%, to $22.16 ...
Zuffa was acquired in 2016 by a group led by WME-IMG including Silver Lake Partners, KKR, and MSD Capital for the price of $4.025 billion. [1] After the Endeavor deal closed, the Zuffa logo and brand were retired from on-air usage in favor of the UFC brand, but Zuffa was retained as the legal name of the company.
Shares of TKO Group, the new company that houses WWE and UFC, opened at $102 per share in their first day of trading on the New York Stock Exchange on Tuesday. Endeavor Group Holdings Inc. has ...
Endeavor Group Holdings is closing out its first month as a publicly traded company with a stock that is up 24% from its IPO price of $24. The company that is home to UFC, WME, IMG and other media ...
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In 2014, concerns about the company's viability caused wide fluctuations in its share price. [200] In September 2023, Endeavor Group Holdings, UFC and WWE formed a new publicly traded company, TKO Group Holdings, Inc. The new entity went public on September 12, 2023, and is listed on the New York Stock Exchange (NYSE) under the symbol "TKO ...