Silver Lake’s $13 Billion Bid Rocks Endeavor on NYSE

Silver Lake to acquire Endeavor Group Holdings Inc. in $25 billion deal, with a 55% premium value for shareholders. Approval from Endeavor's board signals major move.

Silver Lake Capital, a private equity firm, has made a proposal to acquire Endeavor Group Holdings Inc. The deal is set at a transaction value of $13 billion in equity and a consolidated enterprise value of $25 billion. This acquisition would involve Silver Lake purchasing Endeavor shares for $27.50 per share in cash, which represents a 55% premium value compared to the unaffected share price. The special committee of Endeavor’s board of directors has approved the proposed deal, signaling its significance.

Silver Lake’s Acquisition of Endeavor Group Holdings Inc.

Endeavor Group Holdings Inc., a multinational talent agency and entertainment company, is in talks for a significant acquisition by private equity firm Silver Lake Capital. Silver Lake is set to purchase each Endeavor shareholder’s shares for $27.50 in cash, totaling a deal value of $13 billion in equity and a consolidated enterprise value of $25 billion. This proposed transaction offers a 55% premium value to the unaffected share price, indicating the favorable conditions for Endeavor stockholders. A special committee of Endeavor’s board of directors has given its approval for this deal, making it a noteworthy development in the business and entertainment industry.

Summary:

  • Silver Lake Capital has proposed to acquire Endeavor Group Holdings Inc.
  • The deal is valued at $13 billion in equity and $25 billion in consolidated enterprise value.
  • Each Endeavor shareholder would receive $27.50 per share in cash.
  • This represents a 55% premium value compared to the unaffected share price.
  • The special committee of Endeavor’s board of directors has approved the proposed deal.

Citation: “Silver Lake agrees to buy Endeavor Group for $27.50 a share in cash.” – New York Stock Exchange

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