Endeavor

Endeavor, the sports and entertainment company led by the Hollywood super agent Ari Emanuel, said on Tuesday April 2 2024 that it planned to go private with the help of Silver Lake, the investment firm that has been its longtime financial backer. Under the terms of the deal, Silver Lake will buy the shares in Endeavor that it doesn’t already own for $27.50 a share in cash. The deal values Endeavor, including its debt, at $13 billion. With the backing of Silver Lake, one of the biggest investors in technology and media companies, Endeavor went on to buy a string of businesses, including the IMG talent agency, Ultimate Fighting Championship and World Wrestling Entertainment. It combined U.F.C. and W.W.E. into a new company, TKO Group, that went public last year.