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Globe Newswire 2-Apr-2024 1:14 PM
BOSTON, April 02, 2024 (GLOBE NEWSWIRE) -- Equity Litigation Group LLP is investigating the proposed sale of Endeavor Group Holdings, Inc. (NYSE:EDR) to Silver Lake.
On April 2, 2024, Endeavor announced that its Board of Directors had agreed to sell the company to the company's controlling stockholder, Silver Lake, for $27.50 per share in cash. Equity Litigation Group's investigation of this transaction is ongoing but the firm believes that public investors may be receiving less than full value because of Silver Lake's conflicts. Notably, Silver Lake approved the sale by written consent and the vote is not subject to approval by minority stockholders.
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. Investors who would like more information about Equity's investigation should visit https://www.equitylitigation.com/endeavor or contact Joel Fleming at jfleming@equitylitigation.com or 617.468.8602.
For more information about Equity, please visit the Firm's website at www.equitylitigation.com.
This message may be considered attorney advertising
Equity Litigation Group LLP
Joel Fleming
101 Arch Street, 8th Floor
Boston, MA 02110
617.468.8602
jfleming@equitylitigation.com