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Silver Lake To Close Endeavor Transaction On March 24th At $27.50

1. Silver Lake will acquire EDR at $27.50 per share by March 2025.

M&A
-11.63%Current Return
VS
-1.68%S&P 500
$32.5903/03 08:48 AM EDTEvent Start
$28.803/04 03:29 PM EDTLatest Updated
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Article

FAQ

Why Bullish?

The predetermined acquisition price of $27.50 suggests confidence in EDR’s valuation. Historically, such acquisitions often stabilize or appreciate the target company's stock price as the deal approaches.

How important is it?

The article details a significant acquisition, likely influencing EDR’s trading volume and investor sentiment. Confidence from Silver Lake may also entice other investors to reassess EDR's potential.

Why Long Term?

The deal is set for 2025, providing considerable time for market adjustments. Similar acquisition announcements often lead to sustained interest in the stock during the run-up to closing.

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SILVERDISCALUMN
MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--Silver Lake hereby announces that it will close its acquisition of Endeavor Group Holdings, Inc. (NYSE: EDR) on March 24, 2025 at $27.50 per share, subject only to closing conditions that Silver Lake is confident will be satisfied prior to such time. Almost one year ago, Silver Lake entered into a binding merger agreement at this price following extensive negotiations with a special committee of independent directors of the company and is confiden.

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