Former WWE announcer featured in Maxim, Endeavor Group Holdings to review strategic alternatives
– Endeavor Group Holdings has announced that they are doing a formal review of strategic alternatives, though a sale of TKO Groups (aka WWE & UFC) is not on the table.
Endeavor, who acquired WWE this year and merged it with UFC into TKO Groups, issued a press release noting that they have started “a formal review to evaluate strategic alternatives for the Company.” The review comes after the company’s stock performed disappointingly, closing near its 52-week low today at $17.72.
It was announced following the press release that Silver Lake, a global technology firm that owns 71% of Endeavor’s voting power, is considering a proposal to take Endeavor private.
– Former WWE announcer Charly Caruso in this month’s Maxim Magazine
Charly Arnolt Is Maxim's November/December Cover Star
The stunning sports broadcaster and TV personality shines in these exclusive photos.@CharlyOnTV @Outkick https://t.co/XI42fn2mtt
— Maxim (@MaximMag) October 24, 2023