Hints and tips:
Related Topics
...US buyout firm Silver Lake has agreed to buy Endeavor for $27.5 a share in cash for the owner of the WME talent group and IMG, the global sports marketing company....
...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....
...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....
...With no vote, their only recourse is either trusting the independent directors of Endeavor or pursuing litigation....
...Private equity firm Silver Lake has agreed to take Endeavor Group private at an equity value of $13bn just three years after Ari Emanuel’s Hollywood talent agency made its public markets debut but struggled...
...Silver Lake already controls about 71 per cent of Endeavor’s voting rights....
...Diamondback Energy has announced the $26bn acquisition of Endeavor Energy Resources, one of America’s most sought-after private oil producers....
...Meanwhile, Endeavor has one of the largest in the Permian....
...Endeavor’s time as a public company was mostly a flop....
...In a statement, Ari Emanuel, who stays on as chief executive of Endeavor, said: “We are excited to continue to unlock and invest in the growth opportunities ahead as a private company.”...
...Endeavor’s owners will retain a 40 per cent stake in the combined company....
...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....
...CAA and Endeavor declined to comment. For Emanuel, Endeavor and its employees, the coming months may prove to be marked by uncertainty....
...“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....
...“Tyler portrays human creativity’s capacity to triumph over adversity,” says Romola Ratnam, head of impact at Frieze’s owner, Endeavor....
...The once-fringe sport has minted billionaires among its early backers and lured investors over the years such as KKR and Endeavor. But the headlines of late have not been pretty....
...Midland, Texas-based Diamondback said it has about 100,000 acres that touch Endeavor’s....
...The announcement comes days after Diamondback unveiled a $26bn deal for privately held Endeavor Energy, and underscores the move to a more modest growth outlook as consolidation sweeps across the sector....
...Indeed, Diamondback made clear this week it would remove rigs from the field as it outlined growth plans well below what Endeavor has pursued in recent years....
...Share moves to note on the New York Stock Exchange include Diamondback Energy, Monday.com and VF Corporation: Diamondback Energy jumped 10 per cent after it announced it would acquire Endeavor Energy Resources...
...Other earnings: Oil and gas companies Diamondback Energy — which this month agreed a $26bn deal to buy Endeavor Energy — and Chesapeake Energy report quarterly earnings after the closing bell, but will hold...
...The most surprising news of the year was that Endeavor, owner of Frieze, bought the Armory Show and Chicago Expo fairs....
...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...
International Edition