Endeavor Group Stock Trades at 27% Premium to Takeover Price on Hopes for Higher Bid
1. Endeavor stock is up 13%, trading at a 27% premium to the takeover price. 2. Silver Lake believes the $27.50 offer is fair despite investor speculation. 3. Value of Endeavor's TKO assets rose, potentially increasing Endeavor's stock value to $50. 4. Many shareholders have filed for appraisal rights, complicating the takeover process. 5. Silver Lake's TKO stock purchases raise questions about their $27.50 offer strategy.