Hints and tips:
...Earlier this year, Endeavor disclosed to shareholders it had fully written down its investment in Learfield after recording tens of millions of dollars in impairments in 2022....
...Endeavor faced competition from two other bidders but McMahon and Endeavor’s chief executive, Ari Emanuel, raced to complete the tie-up over WWE’s annual WrestleMania weekend extravaganza in early April....
...With no vote, their only recourse is either trusting the independent directors of Endeavor or pursuing litigation....
...Silver Lake already controls about 71 per cent of Endeavor’s voting rights....
...Endeavor owns half. Meanwhile, France’s Pinault family acquired talent agency CAA for $7bn. Analysts estimated the valuation at 13 times annual ebitda, higher than the figure for Endeavor....
...The technology-focused investment firm originally acquired shares in CFG after Hollywood impresario Ari Emanuel — founder of Endeavor — introduced managing partner Egon Durban to CFG’s Khaldoon Al Mubarak...
...“Silver Lake firmly believes in Endeavor’s business and is not interested in selling its shares in Endeavor to a third-party nor in entertaining bids for assets that are a part of Endeavor,” it added....
...It is also a shareholder in sports merchandising company Fanatics and in Endeavor, the New York-listed owner of Ultimate Fighting Championship, the mixed martial arts series....
...Endeavor drafts a private equity sequel It was meant to be an underdog tale, when entertainment heavyweight and Ultimate Fighting Championship owner Endeavor Group filed for an initial public offering in...
...And Silver Lake said last month that it was considering taking entertainment group Endeavor private again after the company and its chief executive Ari Emanuel became frustrated with lacklustre share price...
...In 2019 he attempted to take Endeavor public, but pulled the plug after failing to reach the valuation he sought....
...On Tuesday, Endeavor announced the completion of its deal to acquire World Wrestling Entertainment and house it under a newly listed entity that also includes UFC....
...When Emanuel’s Endeavor Group first bought into UFC in 2016, the mixed martial arts series had an enterprise value, including debt, of $4.1bn....
...Its co-chief executive Egon Durban is chair of Ari Emanuel’s Endeavor Group, which in April announced an all-stock merger of Ultimate Fighting Championship with World Wrestling Entertainment that would create...
...Silver Lake was also working with Ari Emanuel to build what is now Endeavor, the talent giant that also owns Ultimate Fighting Championship....
...In 2019, she moved to one of the biggest talent agencies in the world, the US-based William Morris Endeavor....
...The industry leader was created in 2009 when William Morris Agency combined with Endeavor, led by Ari Emanuel. The group went public last year and has a market capitalisation of about $10.5bn....
...Durban’s other board commitments include the parent company of Manchester City football club, talent and media agency Endeavor, gaming platform Unity Technologies, and Waymo, the former Google self-driving...
...It is also a backer of sports retailer Fanatics and Endeavor, which owns the Ultimate Fighting Championship mixed martial arts series....
...Ravitch and Sine established Raine with the backing of Hollywood mogul Ari Emanuel, founder of talent agency owner Endeavor Group, which now owns Ultimate Fighting Championship....
...“The competition for content is at its highest level I’ve seen in 26 years,” Endeavor chief executive Ari Emanuel told a conference in September....
...It would be the first big merger of talent groups since the William Morris Agency combined with Endeavor in 2009....
...Emanuel founded Endeavor as a talent agency....
...Raine advised in the $4bn sale of Ultimate Fighting Championship to a consortium including private equity group Silver Lake and the talent agency Endeavor, as well as former Microsoft chief Steve Ballmer...
...One interesting factoid about the football deal is that it was helped along by Hollywood dealmaker Ari Emanuel (pictured right, with Jimmy Kimmel), whose company Endeavor has been backed by both Silver Lake...
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