Parent of WWE and UFC is buying Professional Bull Riders, On Location and IMG for $3.25 billion ...Middle East

AP Business Writer TKO Group, the sports entertainment company that houses WWE and UFC, is buying Professional Bull Riders, On Location, and IMG from Endeavor Group in a deal valued at $3.25 billion. TKO said Thursday that the acquisition will complement its existing businesses as well as broaden its reach in the premium sports market. The transaction is expected to close in the first half of next year. The post Parent of WWE and UFC is buying Professional Bull Riders, On Location and IMG for $3.25 billion appeared first on News Channel 3-12.

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