PWInsider - WWE News, Wrestling News, WWE

 
 

TKO GROUP STOCK UP AFTER UFC LAWSUIT SETTLEMENT

By Mike Johnson on 2024-03-20 12:43:00

TKO Group Holdings issued an SEC filing today, announcing they had settled a lawsuit over UFC fighters' rights for $335 million.

The filing noted the settlement would be tax deductible for the company, which led to the company's stock jumping over $5.43 to $86.45 as of this writing.

 

If you enjoy PWInsider.com you can check out the AD-FREE PWInsider Elite section, which features exclusive audio updates, news, our critically acclaimed podcasts, interviews and more by clicking here!