Cynthia Littleton Business EditorEndeavor has filed its prospectus for a possible IPO offering later this year, with updated financial disclosures revealing that parent company of WME, UFC and other sports and entertainment assets logged a $625.3 million net loss last year.The document confirms Endeavor’s plan to acquire the remaining half of UFC that it does not own prior to its IPO.
The company has a deal with a clutch of private equity companies to raise at least $1.7 billion to buy out UFC prior to the IPO.
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