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Akin Advises OB Global Holdings, Backed by Ari Emanuel, in Its Acquisition of OpenBet and IMG ARENA
November 13, 2024
WASHINGTON, Nov. 13 -- Akin Gump, a law firm, issued the following news release:

(New York) - Akin advised OB Global Holdings LLC in its acquisition of OpenBet and IMG ARENA of Endeavor Group Holdings, Inc. through a management buyout backed by Ariel Emanuel.

Valued at approximately $450 million and financed through a blend of cash and debt, the transaction will enable OB Global to further its position in the global betting and gaming industry.

The Akin tea . . .

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