Bleichmar Fonti & Auld LLP investigates TKO Group Holdings for potential fiduciary duty breaches regarding a $3.25bn acquisition of Endeavor's assets.
Bleichmar Fonti & Auld LLP is investigating TKO Group Holdings and its board for potential fiduciary duty breaches related to a $3.25 billion acquisition of Endeavor's assets, including IMG and Professional Bull Riders. Endeavor, controlling 53.6% of TKO, may have created a conflict of interest, leading to overpayment. Following the announcement, TKO's stock dropped 8.73%, closing at $115.00. Shareholders are encouraged to seek more information.
October 24, 2024
20 Articles