Endeavor has agreed to sell its OpenBet and IMG Arena businesses to OB Global Holdings in a management buyout (MBO) valued at approximately $450 million. The deal, announced on Monday, involves key participation from Endeavor CEO Ariel Emanuel and several OpenBet executives, including CEO Jordan Lev
Endeavor, a global sports and entertainment company, announced that it has agreed to sell OpenBet and IMG ARENA to OB Global Holdings LLC in a management buyout supported by Ariel Emanuel with participation from OpenBet executives, including CEO Jordan Levin. The MBO follows a period of strong mome
Endeavor Group has agreed to sell OpenBet and IMG Arena to OB Global Holdings in a management buyout backed by Ariel Emanuel with participation from executives of OpenBet, including CEO Jordan Levin. Levin said: “This management buyout allows us to continue executing our vision for increased mark
Endeavor Confirms Buyout of OpenBet and IMG Arena by OB Global HoldingsThe global sports and entertainment company, Endeavor Group Holdings, announced Monday it reached an agreement to sell OpenBet and IMG Arena to OB Global Holdings LLC. Details regarding the strategic business transaction emerged
Endeavor is seeking buyers for its OpenBet and IMG Arena businesses, as both are in a "held for sale" status.The operator stated in its second quarter results that during the search for buyers, OpenBet and IMG will continue to operate as usual. "For sale" indicates a high likelihood of being sold wi
Endeavor is seeking buyers for its OpenBet and IMG Arena businesses, both of which are categorized as "held for sale."The operator reported in its quarterly earnings on August 8 that, while searching for buyers, OpenBet and IMG will continue to operate as usual. The "for sale" status indicates a hi
/ THE END /