WME parent Endeavor to go private in $13bn deal
Majority shareholder and private equity firm Silver Lake will acquire all outstanding shares in the LA-based sports and entertainment giant
News By Lisa Henderson | 3 April 2024
WME parent company Endeavor will be acquired by majority shareholder Silver Lake in a deal valued at $13 billion. Endeavor, a Los Angeles-based sports and entertainment giant, has publicly traded as “EDR” on the New York Stock Exchange since April 2021.
Last year, private equity company Silver Lake (which also owns shares in TEG and Oak View Group) announced its intention to take Endeavor private, causing the share price to surge by 25%.
The Silicon Valley-based PE firm yesterday (2 April) confirmed it…
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