Endeavor Group Holdings Inc. Agrees to $13 Billion Buyout

By
Lorenzo Bianchi
1 min read

Endeavor Group Holdings Inc., a talent agency and controlling investor in WWE and the Ultimate Fighting Championship, has agreed to be acquired in a $13 billion buyout by the private equity group, Silver Lake Management. Silver Lake, already owning a 71% voting stake in Endeavor, offered minority investors $27.50 a share for their holdings. This agreement was approved by an independent committee of Endeavor's board. Endeavor, led by superagent Ari Emanuel, has a market value of about $12 billion. This acquisition marks a significant development in the entertainment industry and is poised to reshape the landscape of talent management and sports. The deal reflects the growing appetite for investment in the entertainment sector and indicates the continuing evolution of the digital content market. It also underlines the confidence in Endeavor's future growth potential and its strategic positioning in the industry.

This article is submitted by our user under the News Submission Rules and Guidelines.The cover photo is computer generated art for illustrative purposes only; not indicative of factual content.

Subscribe to our Newsletter

Get the latest in enterprise business and tech with exclusive peeks at our new offerings