Endeavor And WWE Deal To Create TKO Group Holdings Expected To Close September 12; Upon Close, TKO Will List On New York Stock Exchange, Begin Public Trading Under The Ticker Symbol "TKO"
Portfolio Pulse from Happy Mohamed
Endeavor Group Holdings (EDR) and World Wrestling Entertainment (WWE) have announced that their transaction to form TKO Group Holdings is expected to close on September 12, 2023. Upon closure, TKO will begin trading on the New York Stock Exchange under the ticker symbol 'TKO'.
September 07, 2023 | 12:02 pm
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POSITIVE IMPACT
Endeavor's joint venture with WWE, TKO Group Holdings, is set to close and begin trading on NYSE. This could potentially increase Endeavor's market visibility and value.
The formation of TKO Group Holdings and its listing on NYSE could potentially increase Endeavor's market visibility and value. This is a significant event for Endeavor and could have a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
WWE's joint venture with Endeavor, TKO Group Holdings, is set to close and begin trading on NYSE. This could potentially increase WWE's market visibility and value.
The formation of TKO Group Holdings and its listing on NYSE could potentially increase WWE's market visibility and value. This is a significant event for WWE and could have a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100