(Reuters) - Endeavor Group Holdings Inc, the owner of Ultimate Fighting Championship, will buy sports betting business OpenBet from Light & Wonder Inc for a revised deal value of $800 million, Light & Wonder said on Thursday.
(Reuters) – Endeavor Group Holdings Inc, the owner of Ultimate Fighting Championship, will buy sports betting business OpenBet from Light & Wonder Inc for a revised deal value of $800 million, Light & Wonder said on Thursday.
Endeavor said in September last year it plans to buy OpenBet for $1.2 billion.
(Reporting by Shariq Khan; Editing by Shounak Dasgupta)
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:
