A Knockout Insider Purchase at TKO Group Holdings – Insider Weekends
TKO Group Holdings Inc. (TKO): $141.92
Market Cap: $24.24B
Enterprise Value: $18.68B
Key Insights:
- TKO Group Holdings, formed by merging UFC and WWE, is a major combat sports entity with strong financials, including growing free cash flow and a $2B buyback program.
- Majority-owned by Endeavor Group Holdings, TKO is set to acquire IMG, PBR, and On Location from Endeavor, increasing Endeavor’s ownership to 59%.
- Endeavor’s take-private deal by Silver Lake at $27.50 per share faces shareholder dissatisfaction, leading to lawsuits and a negative 10.57% spread.
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