Endeavors fourth-quarter results reflected the companys growth in sports through the acquisition of WWE last September, but its bottom line was hit by nearly $30 million in legal and restructuring costs and $47 million in write-offs from its Events, Experiences and Rights division.
Last year Endeavor also paid out $101 million in advisory fees and bonuses related to the WWE merger with Endeavors UFC as well as the sale of its IMG Academy business.
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Endeavor leaders Ari Emanuel and Mark Shapiro will face questions on the companys conference call Tuesday morning from investors about their long-term strategic plan and fate as a public entity. In October, less than three years after Endeavor went public in April 202…
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