Endeavor Group Holdings, INC
Market Movers (8-K)
Silver Lake completes the acquisition of Endeavor Group Holdings for $27.50 per share, taking the company private and forming WME Group to manage its representation businesses.
Better than expected
Endeavor Group Holdings' subsidiary, January Capital Holdco, LLC, amended its Margin Loan Agreement, increasing the facility size to $3.0 billion and drawing down the remaining $1.925 billion.
Endeavor Group Holdings finalizes the sale of its Professional Bull Riders (PBR), On Location, and IMG businesses to TKO Group Holdings, with Endeavor retaining a 61% voting interest in TKO PubCo.
Endeavor Group Holdings announced its fourth quarter and full year 2024 financial results, highlighting revenue growth and progress on its take-private transaction with Silver Lake.
Worse than expected
Endeavor Group Holdings has amended its margin loan agreement, increasing the facility size to $2.25 billion and drawing $500 million in connection with the amendment.
Endeavor Group's subsidiary, UFC Holdings, has refinanced its debt, securing a new $2.75 billion term loan and a $205 million revolving credit facility.
Quarterly Earnings (10-Q)
10-Q: Endeavor Group Holdings Reports Q3 2024 Results Amidst Take-Private Deal and Strategic Asset Review
Endeavor Group Holdings reported its Q3 2024 financial results, showing increased revenue but a net loss, while also progressing with a take-private transaction and strategic review of assets.
Worse than expected
Capital raise
10-Q: Endeavor Group Holdings Reports Mixed Q2 Results Amidst Strategic Review and Discontinued Operations
Endeavor Group Holdings' Q2 results show a net loss driven by discontinued operations and strategic changes, despite revenue growth in core segments.
Worse than expected
Capital raise
Endeavor Group Holdings reported a net loss for Q1 2024, impacted by impairment charges and legal settlements, while also announcing a merger agreement to go private.
Worse than expected
Capital raise
Annual Reports (10-K)
Endeavor Group Holdings is set to go private following a merger agreement with Silver Lake, while also divesting assets like OpenBet and acquiring others through TKO, marking a significant strategic shift.
Capital raise
Worse than expected
Endeavor Group Holdings' 2023 annual report highlights a year of growth and strategic shifts, including the acquisition of WWE and a formal review of strategic alternatives.
Worse than expected
Insider Trading (Form 4)
Endeavor Group Holdings, a significant owner and director of TKO Group Holdings, has acquired an additional 1.58 million shares of TKO Class A Common Stock from Vincent K. McMahon for approximately $250 million, increasing its beneficial ownership.
Better than expected
Mubadala Investment Co PJSC reports the completion of Endeavor Group Holdings' acquisition by Wildcat EGH Holdco, L.P., an affiliate of Silver Lake Group, L.L.C., with each share converted to $27.50 in cash.
Form 4: Endeavor Group Holdings Executive Shapiro Reports Changes in Beneficial Ownership Following Merger
Mark S. Shapiro, a Director and Officer at Endeavor Group Holdings, reports changes in beneficial ownership of securities following the company's merger, including the conversion of stock and derivative securities into cash.
Director Jacqueline D. Reses reports the disposal of Class A Common Stock and vesting of restricted stock units following the merger of Endeavor Group Holdings, Inc.
Global Controller and CAO William K. Fullerton reports the disposition of Class A Common Stock and derivative securities due to the merger of Endeavor Group Holdings, Inc. with Wildcat PubCo Merger Sub, Inc.
Form 4: Ursula Burns Reports Beneficial Ownership Changes in Endeavor Group Holdings Following Merger
Ursula Burns, a director of Endeavor Group Holdings, reports changes in her beneficial ownership of Class A Common Stock and Restricted Stock Units following the merger described in the Agreement and Plan of Merger dated April 2, 2024.
Proxy Statements (Def-14A)
Endeavor Group Holdings is set to be acquired by Wildcat EGH Holdco, L.P., pending customary approvals, in a deal valuing shares at $27.50 each.
Capital raise
Endeavor Group Holdings, Inc. announces its 2024 Annual Meeting of Stockholders to be held virtually on June 13, 2024, and provides details on how stockholders can vote on key proposals.
Endeavor Group Holdings will hold its annual stockholder meeting virtually on June 13, 2024, to elect directors and ratify the appointment of its independent accounting firm.
Schedule 13D - Activist Investments
Endeavor Group Holdings, Inc. reported an internal reorganization involving the distribution of 24.39 million TKO OpCo Units to a subsidiary, resulting in changes to beneficial ownership percentages.