Claudia Assis is a San Francisco-based reporter for MarketWatch. Follow her on Twitter @ClaudiaAssisMW.
Shares of Endeavor Group Holdings Inc. EDR, -1.99% jumped more than 8% in the extended session Wednesday after the sports entertainment company said it was looking for “strategic alternatives.” The review won’t include a sale of the company’s TKO Group Holdings, Inc., which it formed earlier this year merging Ultimate Fighting Championship and World Wrestling Entertainment.
“Given the continued dislocation between Endeavor’s public market value and the intrinsic value of Endeavor’s underlying assets, we believe an evaluation of strategic alternatives is a prudent approach to ensure we are maximizing value for our shareholders,” Chief Executive Ariel Emanuel said in a statement. There’s no “deadline or definitive timetable” for the completion of the review, Endeavor said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Endeavor Says It's Evaluating Strategic Alternatives For The CompanyEndeavor Group said today it has initiated a formal review to evaluate strategic alternatives for the company. The review, it said, it will not include the sale or disposition of the company’s inte…
Les mer »
WWE Bash in Berlin: WWE Brings First Major PLE to GermanyGreetings, comrades! El Presidente here, blogging from the gold-plated penthouse of my loyal follower in North Korea, comrade Kim's secret comic book vault. I'm here to discuss a thrilling spectacle that has captured my attention despite my grueling conflict with the American CIA.
Les mer »
WWE Raw Proves WWE's the True Crown Jewel of Wrestling, Not AEWMoments after Cody Rhodes challenges Damian Priest to a WWE Crown Jewel matchup, a brawl breaks out that ends with Señor Money in the Bank and JD McDonagh targeting the leg of The American Nightmare. Catch WWE action on Peacock, WWE Network, FOX, USA Network, Sony India and more. WWERAW Stream WWE on Peacock https://pck.tv/3ZTjVE7 in the U.S.
Les mer »
Compassion? Dem Gov. Pulls Funding for Abortion AlternativesOn the abortion issue, this is the point Republicans and Conservatives need to hammer home, that they, and not the Democrats, are the party of compassion.
Les mer »
48 Affordable Alternatives That Match Expensive ProductsReviewers are thrilled about these swaps for items like Crest Whitestrips, Lululemon leggings, and Mr. Clean Magic Erasers — and you will be too.
Les mer »