Boxing News

NEW YORK--(BUSINESS WIRE)--TKO Group Holdings, Inc. (NYSE: TKO) (“TKO” or the “Company”), a premium sports and entertainment company, today announced that it has entered into an accelerated share repurchase agreement (the “ASR Agreement”) to repurchase $800 million of its outstanding Class A common stock. The Company also announced that it has entered into a 10b5-1 trading plan for the repurchase of up to $200 million of its outstanding Class A common stock (the “10b5-1 Plan”). Repurchases unde...

NEW YORK--(BUSINESS WIRE)--TKO Group Holdings, Inc. (NYSE: TKO) (“TKO” or the “Company”), a premium sports and entertainment company, today announced that its board of directors has declared a quarterly cash dividend pursuant to which TKO’s Class A common stockholders will receive their pro rata share of an aggregate distribution of approximately $150 million from TKO Operating Company, LLC to its equityholders. The per share dividend to the holders of TKO’s Class A common stockholders will be...

RALEIGH, N.C.--(BUSINESS WIRE)--Merz Therapeutics North America today announced the launch of 'Celebrating the Fighters,' a nationwide campaign that honors the fighting spirit of people living with Parkinson's disease (PD) and embodies Muhammad Ali, the legendary heavyweight boxing champion who was also diagnosed with this disease. Inspired by Muhammad’s iconic quotes and spirit, the campaign builds on the 2023 ‘For the Fighters’ initiative, celebrating resilience through storytelling. In the U...

COSTA MESA, Calif.--(BUSINESS WIRE)--Dialed Moods, a leading health and wellness company, has signed three professional athletes to its roster of brand ambassadors. MMA-UFC fighter Paulo Costa, WBC-NABF champion Blair Cobbs and Brazilian Jiu-Jitsu competitor Nicky Ryan will be promoting the company’s line of all-natural supplements. “These athletes embody the energy and mission of Dialed Moods,” said Ali Garawi, co-founder and CEO of Dialed Moods. “Through their drive and performance, they will...

LOS ANGELES--(BUSINESS WIRE)--Applied Real Intelligence (“A.R.I.”), a leading alternative investment platform and provider of growth capital to North American innovators, announced that it has acquired a controlling majority interest and expanded its governance role at Lights Out Sports. The investment reflects A.R.I.’s conviction that Lights Out represents a compelling opportunity to build long-term enterprise value through disciplined leadership and scalable growth across combat sports, media...

NEW YORK--(BUSINESS WIRE)--TKO Group Holdings, Inc. (NYSE: TKO) (“TKO” or the “Company”), a premium sports and entertainment company, today announced that its board of directors has declared a quarterly cash dividend pursuant to which TKO’s Class A common stockholders will receive their pro rata share of an aggregate distribution of approximately $150 million from TKO Operating Company, LLC to its equityholders. The per share dividend to the holders of TKO’s Class A common stockholders will be...

NEW YORK--(BUSINESS WIRE)--Most Valuable Promotions (“MVP”), the trailblazing boxing promotion founded by Nakisa Bidarian and Jake Paul, and EverPass Media (“EverPass”), the premier media platform delivering premium live sports content to commercial businesses, today announced a commercial distribution partnership providing EverPass the exclusive right to sell and distribute MVP’s upcoming boxing mega-event between Jake Paul and Anthony Joshua and also featuring a matchup between two MMA legend...

STAMFORD, Conn. & LAS VEGAS--(BUSINESS WIRE)--TKO Group Holdings, Inc. (NYSE: TKO) and DoorDash (NASDAQ: DASH) today announced an official partnership that will connect fans to custom integrations and experiences across WWE, the global leader in sports entertainment, and UFC, the world’s premier mixed martial arts organization. DoorDash will have a prominent presence across WWE’s and UFC’s most high-profile moments and platforms, including live events and broadcasts, and will also leverage the...

NEW YORK--(BUSINESS WIRE)--TKO Group Holdings, Inc. (NYSE: TKO) (“TKO” or the “Company”), a premium sports and entertainment company, today announced the completion of its accelerated share repurchase agreement (the “ASR Agreement”) to repurchase $800 million of its outstanding Class A common stock. In connection with the completion of the ASR Agreement, the Company also announced the commencement of its 10b5-1 trading plan for the repurchase of up to $174 million of its outstanding Class A com...

NEW YORK--(BUSINESS WIRE)--TKO Group Holdings, Inc. (NYSE: TKO) and Polymarket, the world’s largest prediction market, today announced a comprehensive multi-year partnership in which Polymarket will become the Official and Exclusive Prediction Market Partner of UFC and Zuffa Boxing. The agreement establishes UFC and Zuffa Boxing as the first sports organizations to integrate prediction market technology directly into the live fan experience. Polymarket will create a new storytelling metric, vis...