Endeavor – Equity Litigation Group LLP

Endeavor investors may have legal options to get more value in the sale to Silver Lake

Free Consultation: If you’re an Endeavor investor and interested in a free consultation to learn more about your options, please click here to answer a few questions and an Equity lawyer will be in touch shortly. You can also call us directly at 617.468.8602.

On April 2, 2024, Endeavor Group Holdings Inc. (EDR) announced that the company had agreed to sell itself to its controlling stockholder, Silver Lake, for $27.50 per share in cash. Analysts from TD Cowen have described the sale price as “lackluster.” And insiders—Endeavor’s CEO Ari Emanuel and Chairman Patrick Whitesell are part of the buyout group; they will keep their stock in the newly private Endeavor rather than selling at the price offered by Silver Lake.

Equity Litigation Group’s investigation of this transaction is ongoing but we believe that public investors may be receiving less than full value because of Silver Lake’s and management’s conflicts of interest. Importantly, Silver Lake approved the transaction by written consent and public investors will not have the opportunity to vote on the merger.

In order to protect and maximize the value of their Endeavor investments, shareholders may wish to take steps to enforce their legal rights to a fair price. Equity attorneys have successfully brought legal challenges to other transactions that have significantly increased shareholder returns. We get paid only if we’re successful in obtaining more money for investors. And investors who act as lead plaintiffs may also be eligible to seek an additional cash incentive award from the court.