As William Morris Endeavor prepares to close on their acquisition of sports and entertainment agency IMG, a leaked pro forma financial statement may have revealed key financial information about the privately held firm and their post-acquisition prospects. The deal to acquire IMG, which TheWrap reports may be closing as soon as May 1st and WME is in the process of closing a financing deal worth $2.45 billion that will leave the company heavily leveraged. One possible approach to dealing with this added debt may be an IPO. “They have so much debt, that is the only way out of it,”...

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