M&A - Emanuel Ariel

Form Type: SCHEDULE 13D/A

Filing Date: 2025-03-21

Corporate Action: Acquisition

Type: Update

Accession Number: 000095017025043428

Filing Summary: This Amendment No. 10 to Schedule 13D amends the previous filings related to the Class A Common Stock of Endeavor Group Holdings, Inc. It outlines the current holdings of Emanuel Ariel and Patrick Whitesell, detailing their individual shareholdings and those held through their trusts and affiliated entities. The document highlights a Transaction Agreement dated March 19, 2025, between Endeavor Operating Company, LLC and other parties including Sportradar Group AG, whereby Sportradar will acquire all outstanding equity interests in IMG Arena. The financial consideration for this transaction is estimated to be around $225 million, which includes pre-payments to sports rightsholders and payment to Sportradar. The expected closure of this transaction is in the fourth quarter of 2025, pending regulatory approvals and other conditions. The document provides insights into the beneficial ownership structures and the roles of the involved parties in this acquisition, while noting that as of March 21, 2025, there have been no recent transactions in the Class A Common Stock by the reporting persons.

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Form Type: SCHEDULE 13D/A

Filing Date: 2025-02-28

Corporate Action: Acquisition

Type: Update

Accession Number: 000095017025030303

Filing Summary: This Schedule 13D/A amendment, filed on February 28, 2025, outlines significant developments involving TKO Group Holdings, Inc. and its acquisition of the Professional Bull Riders, On Location, and IMG businesses from Endeavor Operating Company, LLC and IMG Worldwide, LLC. The transaction was executed under the Asset Sale Transaction Agreement, resulting in the transfer of these businesses in exchange for 26,541,724 units of TKO Operating Company, LLC, valued at approximately $3.25 billion. Furthermore, the EDR Parties are subscribing for an equivalent number of corresponding Class B Common Stock shares. This amendment reflects changes to the agreement, including an acceleration of key dates and adjustments to employee transfer timelines. The filing confirms beneficial ownership changes and details the composition of securities held by various parties including TKO OpCo and its managing members. The document incorporates information from previously filed items reasserting ownership stakes and updates pertaining to the agreement and transfer process.

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