Shares in OpenBet and IMG Arena owner Endeavor Group Holdings soared by more than 25 per cent in New York Thursday after announcing the initiation of a formal review to evaluate strategic alternatives for the company.
As part of the review, Endeavor confirmed that it will not consider the sale or disposition of its majority interest in TKO Group, the recently listed company that brings together mixed martial arts organisation UFC and World Wrestling Entertainment (WWE).
“Given [...]
