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....
...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 a board meeting last month, an executive at the $105bn Ohio Public Employees Retirement System said the generous return on private credit may shrink as competition intensifies....
...In 2019 he attempted to take Endeavor public, but pulled the plug after failing to reach the valuation he sought....
...Alan Weston, a former Nasa programme director who has led LTA since 2016, told local news reporters in Ohio in May that the company was building “the largest air vehicle on earth” in Akron....
...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...
...“You make a brain, but you have to train that brain for six months to drive in Phoenix, and train that brain for two years to drive in Columbus, Ohio....
...Silver Lake was also working with Ari Emanuel to build what is now Endeavor, the talent giant that also owns Ultimate Fighting Championship....
...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....
...Similar proposals are being put forward in states including Texas and Ohio. Bereaved parents such as Mitchell say they will not stop campaigning until tougher regulation is enforced....
...In 2019, she moved to one of the biggest talent agencies in the world, the US-based William Morris Endeavor....
...High returns meant high risk and First Boston suffered significant paper losses on bridge loans extended to such companies such as Ohio Mattress, Campeau and Long John Silver’s....
...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....
...The Cincinnati, Ohio-based company has agreed to pay $34.10 per Albertsons share, an almost 33 per cent premium to the group’s share price as of October 12. The price includes $4.7bn in debt....
...The minority investor group seeks to either unwind SVP’s buyout of minority shareholders or be paid damages based on a revised valuation of Ohio-based WPG....
...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...
International Edition