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Endeavor Contemplates Asset Sale and Potential Privatization

1 min read
Source: CNN
Endeavor Contemplates Asset Sale and Potential Privatization
Photo: CNN
TL;DR

Endeavor Group Holdings, led by CEO Ari Emanuel, is considering selling some of its assets as it undergoes a strategic review to maximize shareholder value. The sports and entertainment company, which owns IMG, Frieze, and WME, has seen its stock fall over 30% in the past six months. However, shares of Endeavor jumped over 11% in after-hours trading following the announcement. The review will not include the sale of its stake in TKO Group Holdings, the result of a merger between UFC and World Wrestling Entertainment.

Topics:top-newsbusiness#ari-emanuel#assets#business#endeavor-group-holdings#strategic-review#tko-holdings
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  1. Ari Emanuel’s Endeavor is considering selling some of its assets  CNN
  2. Endeavor stock surges as Silver Lake says it's considering taking the company private  CNBC
  3. Endeavor Investor Silver Lake Wants To Take Company Private  Deadline
  4. Endeavor to explore 'strategic alternatives,' stake in WWE unaffected  Figure Four Online
  5. WME Owner Endeavor Could Be Taken Private Again, Major Investor Says  Hollywood Reporter

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