Silver Lake Ari Emanuel county Emanuel Entertainment information google CEO Provident Enterprise Sporting Silver Lake Ari Emanuel county Emanuel

Endeavor Going Private In Deal Valued At $13B

Reading now: 531
deadline.com

Endeavor Group Holdings, parent of talent agency WME and controlling shareholder in combat sports powerhouse TKO Group, is going private.

Private equity firm Silver Lake Capital is leading the privatization, which the company describes as the largest in media and entertainment history and the biggest in any sector over the past decade.

The equity value of the acquisition is pegged at $13 billion, with the enterprise value nearly double that when the TKO interest is taken into account.

Shareholders will receive $27.50 in cash for each share, a 55% premium over the closing price last October 25, which was when Endeavor announced it was considering strategic alternatives.

Read more on deadline.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA