Latest news with #EndeavorGroupHoldings
Yahoo
09-06-2025
- Business
- Yahoo
Vince McMahon Sells $250 Million of TKO Shares to Endeavor Group Holdings
Vince McMahon has sold a big tranche of his stock in TKO Group to Endeavor Group Holdings, the majority shareholder of the parent company of WWE and UFC. On June 3, 2025, Endeavor Group Holdings — now a privately held company that is the parent company of WME Group — entered into an agreement to purchase 1.579 million shares of TKO's Class A common stock from McMahon in a private transaction at a per-share price of $158.32 for aggregate consideration of approximately $250 million, according to an SEC filing Wednesday. The transaction closed on June 4, according to the filing. McMahon is the former CEO of WWE who sold the wrestling entertainment company to Endeavor in 2023 to form TKO. More from Variety Ex-WWE Employee Who Accused Vince McMahon of Sexual Abuse Reaches Settlement With Former Exec John Laurinaitis AEW Commentator Jim Ross Announces Colon Cancer Diagnosis: 'I Appreciate Your Concern and Support' CW Boss on NXT's Move to the Broadcast Network: 'It's Been an Absolute Game Changer' Endeavor Group now owns 61.7% of TKO's outstanding stock, per an ownership disclosure filed with the SEC Wednesday. Endeavor was taken private earlier this year in a $25 billion deal with private-equity firm Silver Lake. As of April 15, 2025, McMahon owned about 8 million TKO shares, representing a 9.8% economic stake in the company and voting power of 4.1%, according to TKO's most recent 10-K. With the latest stock sale, McMahon has now sold more than $2 billion worth of TKO shares to date. That included his stock sales to TKO and Endeavor worth $311.2 million in April 2024. McMahon had joined the board of TKO Group but resigned as a director in January 2024 in the wake of sexual assault and sex trafficking allegations against him by a former WWE employee as detailed in a civil lawsuit. McMahon has strongly denied the allegations. Correction: An earlier version of this story incorrectly said Vince McMahon sold TKO shares to WME Group; in fact, McMahon sold the shares to Endeavor Group Holdings, the parent company of WME Group. Best of Variety What's Coming to Netflix in June 2025 New Movies Out Now in Theaters: What to See This Week 'Harry Potter' TV Show Cast Guide: Who's Who in Hogwarts? Sign in to access your portfolio
Yahoo
24-03-2025
- Business
- Yahoo
High Growth Tech Stocks in the US for March 2025
The United States market has experienced a flat performance over the last week but has shown an 8.1% increase over the past year, with earnings expected to grow by 14% annually. In this environment, identifying high growth tech stocks involves looking for companies that demonstrate strong innovation and potential for expansion in line with these positive earnings forecasts. Name Revenue Growth Earnings Growth Growth Rating Super Micro Computer 20.31% 30.44% ★★★★★★ TG Therapeutics 26.18% 37.61% ★★★★★★ Alkami Technology 20.45% 85.16% ★★★★★★ Travere Therapeutics 28.43% 65.01% ★★★★★★ AVITA Medical 27.74% 55.36% ★★★★★★ Clene 61.16% 59.11% ★★★★★★ TKO Group Holdings 22.48% 25.17% ★★★★★★ Alnylam Pharmaceuticals 22.76% 58.08% ★★★★★★ Lumentum Holdings 21.55% 119.67% ★★★★★★ Ascendis Pharma 32.36% 59.79% ★★★★★★ Click here to see the full list of 240 stocks from our US High Growth Tech and AI Stocks screener. Here's a peek at a few of the choices from the screener. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Endeavor Group Holdings, Inc. is a sports and entertainment company with operations in the United States, the United Kingdom, and internationally, and has a market cap of approximately $13.76 billion. Operations: Endeavor Group Holdings generates revenue primarily from Representation ($1.69 billion), Owned Sports Properties ($2.99 billion), and Events, Experiences & Rights ($2.53 billion). The company operates across multiple regions, including the United States and the United Kingdom, focusing on sports and entertainment sectors. Endeavor Group Holdings, despite recent challenges including being dropped from major indices, is on a trajectory to profitability with expected earnings growth of 32.49% annually over the next three years. This anticipated shift from a significant net loss of $782.41 million in 2024 to profitability underscores potential resilience and adaptability within its operational strategy. Moreover, while current revenue growth projections of 4.8% yearly lag behind the broader U.S. market average of 8.4%, Endeavor's strategic focus on diversifying its entertainment and media services could enhance its market position as industry dynamics evolve. Click here and access our complete health analysis report to understand the dynamics of Endeavor Group Holdings. Gain insights into Endeavor Group Holdings' historical performance by reviewing our past performance report. Simply Wall St Growth Rating: ★★★★★☆ Overview: Q2 Holdings, Inc. offers digital solutions tailored for financial institutions, FinTechs, and alternative finance companies in the United States with a market capitalization of approximately $4.81 billion. Operations: Q2 Holdings generates revenue primarily through the sale, implementation, and support of its digital solutions, amounting to $696.46 million. The company's offerings are designed for financial institutions, FinTechs, and alternative finance companies within the U.S. Q2 Holdings, with a focus on enhancing digital banking platforms, has shown resilience and adaptability in the tech sector. The company reported a substantial reduction in net loss to $38.54 million from $65.38 million year-over-year and an increase in annual sales to $696.46 million, up from $624.62 million previously, indicating a recovery trajectory despite its current unprofitable status. Recent strategic alliances, like with Alloy for fraud monitoring solutions and enabling 4Front Credit Union's digital transformation, underscore Q2's commitment to integrating cutting-edge technology and expanding its service offerings within the financial sector. These initiatives not only enhance user experience but also position Q2 favorably for future growth in the competitive digital banking landscape. Click to explore a detailed breakdown of our findings in Q2 Holdings' health report. Examine Q2 Holdings' past performance report to understand how it has performed in the past. Simply Wall St Growth Rating: ★★★★★★ Overview: TKO Group Holdings, Inc. is a sports and entertainment company with a market capitalization of $25.66 billion. Operations: With a market capitalization of approximately $25.66 billion, TKO Group Holdings generates revenue primarily from its UFC and WWE segments, contributing $1.41 billion and $1.40 billion respectively. Amid the dynamic tech landscape, TKO Group Holdings has demonstrated robust financial improvements and strategic market positioning. The company's transition from a net loss of $5.3 million to a net income of $31 million in the fourth quarter underscores its operational turnaround. With annual sales escalating from $1.67 billion to $2.80 billion, TKO is not just recovering but thriving with an anticipated revenue target between $2.93 billion and $3 billion for 2025. This growth trajectory is further supported by their recent inclusion in various S&P 500 indices, reflecting enhanced investor confidence and market validation of their strategic initiatives within the high-growth tech sector. Unlock comprehensive insights into our analysis of TKO Group Holdings stock in this health report. Review our historical performance report to gain insights into TKO Group Holdings''s past performance. Click through to start exploring the rest of the 237 US High Growth Tech and AI Stocks now. Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:EDR NYSE:QTWO and NYSE:TKO. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Associated Press
03-03-2025
- Business
- Associated Press
Silver Lake To Close Endeavor Transaction On March 24th At $27.50
Silver Lake hereby announces that it will close its acquisition of Endeavor Group Holdings, Inc. (NYSE: EDR) on March 24, 2025 at $27.50 per share, subject only to closing conditions that Silver Lake is confident will be satisfied prior to such time. Almost one year ago, Silver Lake entered into a binding merger agreement at this price following extensive negotiations with a special committee of independent directors of the company and is confident that $27.50 was and is appropriate and fair consideration to all Endeavor shareholders. The $27.50 price represents a 57% premium over Endeavor's unaffected closing stock price on October 24, 2023, the last full trading day prior to Silver Lake's announcement of its intention to make a proposal to take the company private. It has been reported in the press that large blocks of shareholders have arbitraged the deal in order to demand appraisal. Silver Lake believes that the pervasive trading by these hedge funds, many of whom accumulated substantial positions in the stock of Endeavor (and presumably also its public subsidiary, TKO Group Holdings, Inc. (NYSE: TKO)) only after the deal was announced, has caused an artificial increase in the stock price. Appraisal entitles dissenters to the fair value of their Endeavor shares, not to amounts attributable to artificial inflation through arbitrage activity. Against this backdrop, Silver Lake hereby advises all dissenters that it does not intend to pay them any merger consideration at closing - nor at any time until there is full resolution with respect to such appraisal claims - consistent with its rights under Delaware law. Any shareholders who submitted valid appraisal demands by the deadline of February 4, 2025 can perfect their appraisal rights under Delaware law following closing and pursue those claims. Delaware law does not, however, entitle dissenting shareholders to receive the merger consideration at closing nor prior to the final judicial determination of the appraisal litigation. Additionally, any shareholders who purchase shares in the market subsequent to the February 4, 2025 deadline should appreciate that they do not have the right to demand appraisal on those recently acquired shares. Shareholders are referred to Endeavor's Information Statement filed on Schedule 14C on January 15, 2025, for a more detailed summary of appraisal rights. Going forward, Silver Lake will remain focused on Endeavor's business, in partnership with the Endeavor management team and its other anchor investors. Silver Lake intends to vigorously defend any litigation related to the Endeavor acquisition and looks forward to closing the transaction. About Silver Lake Silver Lake is a global technology investment firm, with approximately $102 billion in combined assets under management and committed capital and a team of professionals based in North America, Europe and Asia. Silver Lake's portfolio companies collectively generate nearly $258 billion of revenue annually and employ approximately 517,000 people globally. CONTACT: SILVER LAKE CONTACTS Media: Matt Benson/Ginger Li Edelman Smithfield SOURCE: Silver Lake Copyright Business Wire 2025. PUB: 03/03/2025 08:37 AM/DISC: 03/03/2025 08:38 AM
Yahoo
24-02-2025
- Business
- Yahoo
Ari Emanuel, UFC and WWE owner, is now officially a billionaire for the first time in his career
Ari Emanuel has joined the billionaire's club. Emanuel, who is the CEO of TKO Group Holdings — the combined corporate umbrella for combat giants UFC and WWE — and Endeavor Group Holdings, was officially added to the Bloomberg Billionaire index for his personal wealth for the first time in his career, the network reported earlier this month. It's unclear what Emanuel's personal net worth actually is, but it has surpassed the $1 billion threshold. A big force in Emanuel finally hitting that mark has to do with his ownership of both the UFC and WWE. Endeavor Group Holdings has seen a nearly 50% jump in share price over the past year. Emanuel and the company purchased the UFC for $4 billion in 2016, and later took over WWE. It acquired WWE for $9.3 billion in 2023 and merged it with the UFC into TKO Group. That company's stock price has gone up by more than 70% since its public listing, per the report. TKO is now valued at more than $27 billion. Both the UFC and WWE have seen significant growth in recent years with Emanuel and his groups in charge, too. WWE inked a $5 billion deal with Netflix for 'Monday Night Raw,' and UFC is working for a new broadcast rights deal starting in 2026 that could surpass $1 billion per year. Before getting into the fighting space, Emanuel's company represented clients like Oprah Winfrey and Matt Damon. He worked as Donald Trump's agent in 2010 before he ran for president, and he has a strong relationship with Elon Musk. Endeavor was the first outside investor in Musk's push to buy Twitter. Emanuel was also the inspiration for the character 'Ari Gold,' who was portrayed by Jeremy Piven on the HBO series 'Entourage.' He is also an early investor in Uber and a founding investor in the Raine Group, which is a global merchant bank. Both of those, Bloomberg said, could raise his net worth significantly.
