26/10/20235:32PM / Silver Lake Aims to Take Private Hollywood Agency Titan Endeavor -- WSJ
Silver Lake Says It’s Working on Offer to Buy Endeavor Group?Silver Lake Management, the private equity group, is considering making a takeover bid for Endeavor Group Holdings Inc., the talent agency and entertainment company behind World Wrestling Entertainment and Ultimate Fighting Championship.
Silver Lake, which holds a 71% voting stake in Endeavor, said in a statement late Wednesday that it “firmly believes in Endeavor’s business.”The statement followed Endeavor’s announcement that it’s weighing strategic options for its businesses, which includes its original talent-management business, combat sports like WWE and a variety of other assets including Professional Bull Riders. Silver Lake’s co-chief executive officer, Egon Durban, is chairman of Endeavor, which is led by Hollywood superagent Ari Emanuel.“Silver Lake is committed to strategies that deliver value for all shareholders of Endeavor,” the private equity group said in a statement. “To that end, Silver Lake is currently working toward making a proposal to take Endeavor private.”....
https://finance.yahoo.com/news/endeavor-says-reviewing-strategic-options-204328638.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACgFNF1CzaopkKyEgjAuP7cm0Ikctu12KE2Qxyw00mSYf_fwUfZSphgUsaEphmVAEtmPFP_pl65JMyuPhLmwvsurdHB6eO6Eh1yT9e_a4XRZQ3CV-JjA7CZh5lYgJ3HhRJsmN2VbJN9jBFUTKYpRNnHq742fHJ74ZKBid1DW8uNb
