Fidelity Invests $55 Million in Talent Agency WME-IMG

  • SoftBank, Silver Lake Partners already own stakes in company
  • WME-IMG will use the money for acquisitions, investments

Fidelity Management & Research Co., the second-largest U.S. mutual fund company, has invested $55 million in WME-IMG LLC, the entertainment, sports and fashion group said Wednesday.

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