TKO Group Holdings, the company owned by Zuffa, filed a SEC-8K which reported the denial of a $335 million settlement by Judge Richard Boulware. The day after the news broke, the stock price has not seen a dramatic rise or fall.
As of close of the stock market on Wednesday, TKO Group Holdings, Inc. remained steady with a fluctuation in stock price between $104-$109. The stock closed $109.41 on Wednesday at 4pm.
“The Company is evaluating all of its options, including, without limitation, an appeal, and also initiated discussions with plaintiffs’ counsel, who have expressed a willingness to engage in separate settlement discussion for the Le and Johnson cases. A motion to dismiss the complaint in Johnson remains pending and no trial date has been set.”
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