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Private equity firm Silver Lake to take entertainment company Endeavor private at $27.50 a share
EDREndeavor(EDR) CNBC·2024-04-02 16:38

Private equity firm Silver Lake announced Tuesday that it's acquiring entertainment company Endeavor Group Holdings for 27.50ashare.Endeavorsstockwashaltedaheadoftheannouncement.SilverLakewillacquire10027.50 a share.Endeavor's stock was halted ahead of the announcement.Silver Lake will acquire 100% of the shares it does not already own. Endeavor is being acquired at an equity value of 13 billion, according to a release from the entertainment company."Since 2012, Endeavor's strategic partnership with Silver Lake and Egon Durban have been central to our evolution into the global sports a ...