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Endeavor stock gains on deal to sell IMG Academy for $1.25B

Apr. 25, 2023 12:42 PM ETEndeavor Group Holdings, Inc. (EDR)By: Jason Aycock, SA News Editor1 Comment
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  • Endeavor Group Holdings stock (NYSE:EDR) was 5% higher at midday Tuesday after confirming it's selling its IMG Academy in a transaction that values the unit at $1.25B.
  • The company has a definitive all-cash deal to sell IMG, its Florida-based boarding school/athlete

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Great price IMO

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