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WME Parent Endeavor Acquired By Silver Lake As Longtime Investor Takes Company Private
Silver Lake, Endeavor's longtime investor, closed its acquisition of the company led by Ari Emanuel and is taking it private.
Silver Lake has successfully taken publicly traded Endeavor private again, closing its acquisition of outstanding shares that will see the entertainment giant led by Ari Emanuel wave goodbye to the New York Stock Exchange after five years. Silver Lake owns 71% of the voting power of Endeavor and its co-CEO Egon Durban and Managing Director Stephen Evans are members of the board’s Executive Committee. Egon Durban, co-CEO and Managing Partner of Silver Lake, said, “This remarkable moment— and the even more exciting future it launches—is thanks first and foremost to Ari Emanuel and Patrick Whitesell, and to the relentless and ambitious strategic vision they have shared for more than twenty years to build Endeavor into a global powerhouse across talent, brands, and IP spanning entertainment, media, and sports.
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