Endeavor has agreed a deal to be bought by the private equity firm Silver Lake. Reports indicate the transaction will give Endeavor $13 billion in equity. That does not consider TKO Group Holdings Inc, which formed following a merger between the WWE and UFC. TKO will continue to trade as a public company on the New York Stock Exchange, with Endeavor remaining the majority shareholder.
Endeavor’s $13 Billion Buyout: Going Private With Silver Lake