TKO Group Ropes In ‘The Rock’ In A $3.25 Billion Acquisition
By: Nina Atimah
In a bold move that’s electrifying the sports entertainment world, TKO Group Holdings Inc (TKO +0.04%) is acquiring Professional Bull Riders (PBR), On Location, and IMG for a staggering $3.25 billion. The mega-mind behind this uber-merger is none other than Dwayne “The Rock” Johnson, whose Hollywood star power shows no signs of dimming. This move is aimed at expanding the sport portfolio of TKO Group.