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Nov 11, 2024, 5:21 pm125 pts
The WrapEndeavor is selling OpenBet and IMG Arena to OB Global Holdings LLC in a management buyout backed by CEO Ari Emanuel and executives from OpenBet, including CEO Jordan Levin, for approximately $450 million. The buyout, which will be financed through a mix of cash and debt, is a “necessary step” as part of…
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