For about $450 million, Endeavor Group Holdings has agreed to sell OpenBet and IMG Arena to OB Global Holdings.
The management buyout led by OB Global is a component of Endeavour's broader move to private ownership under Silver Lake.
The agreement, which combines debt and cash financing, is anticipated to be completed prior to Silver Lake's acquisition of Endeavour closing.
The management buyout led by OB Global is a component of Endeavour's broader move to private ownership under Silver Lake.
The agreement, which combines debt and cash financing, is anticipated to be completed prior to Silver Lake's acquisition of Endeavour closing.
