IMG Acquires Mutua Madrid Open Tennis, Acciona Open de España Golf Tournaments

Endeavor-owned IMG, which produces and distributes sports and entertainment media, has struck a deal with Super Slam Ltd and its affiliates to acquire the Mutua Madrid Open tennis tournament and the Acciona Open de España golf tournament. As part of the acquisition, Madrid Trophy Promotion SLU (MTP), which operates the Mutua Madrid Open and Acciona Open de España golf tournament, will become part of IMG. Gerard Tsobanian, MTP’s CEO and tournament director, becomes senior vice president in IMG’s global tennis events division, led by Gabin Forbes, and will continue to oversee the day to day running of the tournaments along… Read Full Article