Endeavor Group Stock Trades at 27% Premium to Takeover Price on Hopes for Higher Bid - Barron's
1. EDR shares have risen 13% amidst a takeover deal. 2. Current EDR price at $34.88 is a 27% premium over $27.50 offer. 3. Investors anticipate Silver Lake might raise its offer due to TKO stock surge. 4. Delaware courts are being approached for appraisal rights exceeding $27.50. 5. Analysts question Silver Lake's stance amid rising TKO valuations affecting EDR's appraisal.