Silver Lake Looks to Privatize Hollywood Agency Titan Endeavor

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The owner of WME and IMG said it was exploring options, but will keep its majority interest in TKO, the company that controls UFC and WWE

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https://www.wsj.com/business/media/silver-lake-looks-to-privatize-hollywood-agency-titan-endeavor-119a0a3fPrivate-equity giant Silver Lake said it is working on a proposal to take private Endeavor Group Holdings, the owner of talent agencies WME and IMG. “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,” the firm wrote in a statement. Silver Lake owns about 71% of the voting stake in Endeavor.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.

 

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