Endeavor is evaluating the sale of several key assets within its IMG portfolio, including the Miami Open and Madrid Open tennis tournaments, as well as the Frieze art fairs. This review follows a recent agreement with Silver Lake in April 2024 to take Endeavor private. The decision comes shortly after Endeavor announced a deal to sell IMG, On Location, and Pro Bull Riders to TKO Group. Additionally, Endeavor is considering divesting its sports betting and data firms, OpenBet and IMG Arena.
$EDR EVALUATES SALE OF EVENT ASSETS, INCLUDING MIAMI AND MADRID OPEN Endeavor is reviewing a potential sale of key IMG assets, including the Miami Open, Madrid Open, and Frieze art fairs. The review follows Silver Lake’s April 2024 agreement to take Endeavor private. Endeavor…
Endeavor Explores Sale of Miami Open, Madrid Open, Frieze After Portfolio Review https://t.co/FqhY7IhvFB
Endeavor Exploring Sale of Miami and Madrid Opens, Frieze https://t.co/rZXcLagt4A