Silver Lake considers taking Endeavor private

Shares in WME’s parent company Endeavor have soared after global investment giant Silver Lake revealed it was working towards a proposal to take the business private.

The disclosure by Silver Lake, which holds a 71% stake in the sports and entertainment firm, came after Endeavor confirmed it was looking at “strategic alternatives” that better value the company.

Endeavor went public two-and-a-half years ago but TBI Vision reports its share price had almost halved from a near $35 peak in December 2021 to $17.72 before surging 25% in the wake of yesterday’s announcements. Silicon Valley-based Silver Lake also owns shares in TEG, Oak View Group, City Football Group and Madison Square Garden Sports.

“Silver Lake is committed to strategies that deliver value for all shareholders of Endeavor,” reads a…

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