Silver Lake looks to take Endeavor private

Endeavour, the company that owns IMG, World Wrestling Entertainment, and the Ultimate Fighting Championship, has revealed that it is evaluating "strategic alternatives" for its publicly traded stock, with shareholder Silver Lake considering taking the firm private.

The investment firm issued a statement saying “Silver Lake is committed to strategies that deliver value for all shareholders of Endeavor. To that end, Silver Lake is currently working toward making a proposal to take Endeavor private. 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,”

Meanwhile, Silver Lake currently controls approximately 71% of Endeavor's voting power and has stated that it is not interested in selling its shares to a third party or in receiving bids for any of Endeavor's properties.

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