Sharks Sports & Entertainment sells ATP and WTA Professional Tennis Tournaments to IMG Worldwide
Clients Sharks Sports & Entertainment LLC
Jones Day represented Sharks Sports & Entertainment LLC, an affiliate of the San Jose Sharks professional hockey team, in connection with its asset sale to IMG Worldwide, the global leader in sports and entertainment talent representation. Pursuant to the asset purchase agreement, IMG Worldwide acquired sanctions for the ATP and WTA professional tennis tournaments currently hosted in Memphis, Tennessee.
In addition to M&A representation, Jones Day provided tax advice regarding this matter.