Silver Lake to take Endeavor private in deal valuing UFC-owner at $13 bln (updated)

Endeavor group

02/04/2024 17:50

(Adds details in paragraphs 2,3)
       April 2 (Reuters) - Private equity firm Silver Lake will
buy all shares of Endeavor Group Holdings  EDR.N  it does not
already own in the talent and media company, in a deal valuing
the UFC-owner at $13 billion, the companies said on Tuesday.
    As part of the deal, Endeavor stockholders will receive
$27.50 per share in cash.
    Silver Lake holds about 71% of the voting power of Endeavor.

 (Reporting by Harshita Mary Varghese; Editing by Shilpi
Majumdar)
 ((HarshitaMary.Varghese@thomsonreuters.com;))