Endeavor Selling OpenBet and IMG Arena Sports-Gaming Units in $450 Million Management Buyout Backed by Ari Emanuel
11 November 2024 at 21:29
Endeavor agreed to sell OpenBet and IMG Arena, its sports gambling and technology businesses,Β in a $450 million management buyout backed by Endeavor chief Ari Emanuel with participation from OpenBet CEO Jordan Levin and other execs. The deal βis a necessary stepβ for the closing of the proposed Endeavor take-private deal with Silver Lake, expected to [β¦]