Sports Giant Reshuffles: TKO Snaps Up IMG, On Location, and PBR
In a significant move, TKO Group Holdings, owned by Ari Emanuel's Endeavor, is buying IMG, On Location, and Professional Bull Riders (PBR). This $3. 25 billion deal, expected to close in the first half of 2025, adds these major sports entities to TKO's portfolio. Endeavor will own about 59% of TKO a