
Ari Emanuel-Led Group Near Deal for Endeavor Assets Including Miami, Madrid Opens
A group led by Ari Emanuel has won the auction for a portfolio of assets including the Miami Open and Madrid Open from Endeavor Group Holdings Inc.
The consortium, which is anchored by Apollo Global Management Inc. and RedBird Capital Partners, is poised to pay more than $1 billion for the portfolio and outbid CVC Capital Partners PLC, which was also vying to acquire Endeavor's tennis assets, according to people with knowledge of the matter.
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