MiLB Fan
Fry's dog Seymour
Posts: 20,396
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Post by MiLB Fan on Apr 2, 2024 11:52:56 GMT -5
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Post by eJm on Apr 2, 2024 11:53:50 GMT -5
To clarify before we jump to conclusions, TKO itself will still be a public company. For how long? Who knows at this point.
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BRV
Bill S. Preston, Esq.
Wants him some Taco Flavored Kisses.
Posts: 16,976
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Post by BRV on Apr 2, 2024 11:55:54 GMT -5
Trying to explain who owns WWE at this point:
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tafkaga
Samurai Cop
the Dogfather
Posts: 2,124
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Post by tafkaga on Apr 2, 2024 11:59:29 GMT -5
Perfect time for Ted Turner to get back into the rasslin business?
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Apr 2, 2024 12:02:37 GMT -5
Private equity firms
Not exactly who you want to read owns things you enjoy.
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Legion
Fry's dog Seymour
Amy Pond's #1 fan
Hail Hydra!
Posts: 22,863
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Post by Legion on Apr 2, 2024 12:08:07 GMT -5
Silver Lake will buy Endeavour, which means SIlver Lake will become the majority Shareholder of TKO.
They wont own TKO outright, so cannot as yet do anything with TKO itself.
They could buy the rest of the TKO stock in the future. They could also sell off their TKO stock, with a new owner becoming the new majority shareholder, or offering to buy all the stock as part of any purchase deal to become sole owner.
It appears Silver Lake themselves do not plan to do that, they are buying the parent company of the majority stock holder of TKO - they are not buying TKO outright.
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Post by The Summer of Muskrat XVII on Apr 2, 2024 13:36:40 GMT -5
Silver Lake will buy Endeavour, which means SIlver Lake will become the majority Shareholder of TKO. They wont own TKO outright, so cannot as yet do anything with TKO itself. They could buy the rest of the TKO stock in the future. They could also sell off their TKO stock, with a new owner becoming the new majority shareholder, or offering to buy all the stock as part of any purchase deal to become sole owner. It appears Silver Lake themselves do not plan to do that, they are buying the parent company of the majority stock holder of TKO - they are not buying TKO outright. I would be very surprised if Silver Lake jettisoned TKO stock considering UFC was basically the only thing keeping Endeavor afloat for a few years
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Post by eJm on Apr 2, 2024 14:23:07 GMT -5
I would be very surprised if Silver Lake jettisoned TKO stock considering UFC was basically the only thing keeping Endeavor afloat for a few years Yeah, I think they want to see how well it does without the burden of Endeavor before seeing if they need to take it fully over if anything. That doesn’t mean it won’t happen, but we’re nowhere near out of the woods. The next couple of years basically need to be massive for TKO as a whole.
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nisidhe
Hank Scorpio
O Superman....O judge....O Mom and Dad....
Posts: 5,725
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Post by nisidhe on Apr 2, 2024 16:07:31 GMT -5
Every time I hear about a private equity firm buying out a company, I think the end is nigh for that company. Most of these firms know nothing of what they're buying or of how to keep it profitable.
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Post by El Cokehead del Knife Fight on Apr 2, 2024 17:24:47 GMT -5
Private equity firms Not exactly who you want to read owns things you enjoy. Says to me that the debt that they're carrying might be pretty significant.
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Post by David-Arquette was in WCW 2000 on Apr 2, 2024 18:08:29 GMT -5
To think it wasn't long ago that WWE being sold in the first place seemed like a ridiculous idea.. now I have no idea what's going on with it.
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Post by jean0987654321 on Apr 4, 2024 1:37:29 GMT -5
Private equity firm buying Endeavor? Yikes
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Xxcjb01xX [PIECE OF: SH-]
FANatic
Writer, Lover of all things Wrestling. Analytical, Critical, Lovable (hopefully). Lets all have fun!
Posts: 236,134
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Post by Xxcjb01xX [PIECE OF: SH-] on Apr 4, 2024 1:44:17 GMT -5
"OH MY GOD IS THAT PRIVATE EQUITY FIRM??"
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Post by Main Event Mark on Apr 4, 2024 5:47:39 GMT -5
"OH MY GOD IS THAT PRIVATE EQUITY FIRM??" "Stocks! Stocks! Stocks! Stocks!"
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Post by The Thread Barbi on Apr 4, 2024 5:56:29 GMT -5
I assume TKO, UFC and WWE will exist as entities forever, but background holding companies will change hands every few years.
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bob
Salacious Crumb
The "other" Bob. FOC COURSE!
started the Madness Wars, Proudly the #1 Nana Hater on FAN
Posts: 78,486
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Post by bob on Apr 4, 2024 8:02:39 GMT -5
so... theoretically if we pool our money together as a community could we own WWE?
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Post by Jedi-El of Tomorrow on Apr 4, 2024 8:44:08 GMT -5
so... theoretically if we pool our money together as a community could we own WWE? But, does it come with a pizza oven?
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Post by Zombie Mod on Apr 4, 2024 8:57:29 GMT -5
so... theoretically if we pool our money together as a community could we own WWE? But, does it come with a pizza oven? nope, I've previously asked. impact wrestling did claim to have a pizza oven but it was a microwave.
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Post by sdoyle7798 on Apr 4, 2024 9:39:06 GMT -5
so... theoretically if we pool our money together as a community could we own WWE? But, does it come with a pizza oven? Dammnit! I wanted to make that joke!
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