Endeavor Group Holdings Goes Private in Landmark $13 Bln DealEndeavor Group Holdings ( NYSE:EDR ), the parent company of talent agency WME and combat sports powerhouse TKO Group, is set to go private in what is being hailed as the largest privatization in the history of the industry.
Led by private equity firm Silver Lake Capital, the acquisition marks a pivotal moment for Endeavor, valuing the company at a staggering $13 billion in equity value. With the enterprise value nearly doubling when factoring in the TKO interest, this deal underscores the confidence and conviction of investors in Endeavor's potential.
Shareholders are set to receive $27.50 in cash for each share, representing a significant premium over Monday's closing price and a remarkable 55% increase from last October's figures. This substantial offer reflects the unwavering belief in Endeavor's intrinsic value and growth prospects.
The decision to go private comes after a mixed three-year stint for Endeavor as a public company. Despite initial anticipation surrounding its IPO prior to the onset of the Covid pandemic, the company faced challenges that hindered its ability to realize its full potential in the public market. However, this move to privatize signals a new chapter for Endeavor, allowing it to refocus its efforts and chart a course towards sustained growth and success.
Rumors of privatization had been circulating in recent months, fueled in part by TKO's public stock debut last fall. Under the terms of the deal, Silver Lake will acquire 100% of the outstanding shares it does not currently own, with participation from prominent investors including the United Arab Emirates sovereign wealth fund Mubadala, Michael Dell's DFO Management, and private equity firm Lexington Partners.
CEO Ari Emanuel expressed confidence in Silver Lake's backing, emphasizing its pivotal role in Endeavor's evolution since 2012. He lauded the privatization as a means to maximize value for all shareholders and underscored management's commitment to unlocking growth opportunities as a private entity.
Endeavor's journey to this moment has been characterized by strategic acquisitions and diversification, with investments in properties like IMG, Professional Bull Riders, and the complete acquisition of UFC in 2021. While navigating the complexities of the market, the company has emerged stronger and more resilient, culminating in this landmark privatization deal.
It's worth noting that TKO Group Holdings will remain publicly traded, with Endeavor's decision to go private signaling a strategic shift in focus and direction. As the industry watches with bated breath, Endeavor's ascent into private ownership marks a new chapter in its illustrious history—one defined by innovation, resilience, and unwavering commitment to success.
EDR
EDR - LONG Bull Reversal The initial bottom (First vertical line) may be an indicator of a long term reversal on a Weekly timeframe
The second bottom allows for the double bottom classification
Red Triangle is a rising wedge that acted bearishly for price within this channel drawn
EDR is Bullish!EDR Bullish Case:
1. Up trend.
2. Bullish Candles (3 White Soldiers)
Entry - 20.91
SL - 20.20
TP - 22.80
Disclaimer: Not a financial advise. Do your own due diligence.
$EDR new highs$EDR is an April 2021 IPO that is trading at fresh ATHs
I am long above $33.20 and will raise my stop if the stock continues to rally
Notably, the IPO ETF, $IPO, is down sharply from highs set in February 2021
EDR super strongDespite of market weakness, EDR has been in a nice uptrend,
Above 29.10 could set up for another leg to the upside
This might be a huge recovery! Maybe endor protocol will give you good amount of money with this recovery. Enjoy
Endeavor Group Holdings IncThese are levels that I'll be keeping an eye on when dealing with $EDR, and I'll revise as price action progresses.
I adapt to the change in money flow.
Fundamentals:
"EDR is a high-profile entertainment firm run by Hollywood mogul Ari Emanuel. In addition to owning a major stake in the UFC mixed-martial arts league, it also runs the Miss Universe competition, the IMG talent agency and other top sports and entertainment properties."
#Endeavour #Silver - Factor 4 in 4 years #EDRAt the Moment Endeavour #Silver is at resistance with 6,9 Mio. shares, that the market had to absorb.
But on the long run, Endeavour had to reach area 22 CAD,
thats more than 4 times from now.
Endor Protocol Fully Mapped (155%+ Potential & Project Overview)About Endor Protocol
According to their website, Endor Protocol (EDR) "After years at MIT, invented the 'Google for predictive analytics', providing automated accurate predictions, fast, with no data science expertise required." This is achieved through the Endor Protocol token, offering what's touted to be the world's first automated, self-served, predictive platform allowing business users and hobbiest crypto-token holders alike to ask complex predictive questions and obtain high-quality results in minutes.
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The chart is fully mapped here... Endor (EDRBTC).
It looks like the bulls already have control, can easily grow within days.
This is not financial advice.
Namaste.
Endor Strong Bullish Signal | Easy 130%+Endor (EDRBTC) just printed a very strong bullish signal... A high volume break of MA200 (black line on the chart).
Breaking MA200 led to EMA200 (0.00000091 / brown line) to be hit... This is the next barrier. As soon as EMA200 is conquered, we will see something similar to when MA200 broke; strong growth/increase in prices.
The bulls are now in control and we are likely to see this altcoin pair, EDRBTC, grow for multiple months.
Below you can find the targets from our previous trade:
Thanks a lot for reading.
Namaste.
Endor Above Resistance | Crypto Signal [EDRBTC](250%)Endor (EDRBTC) is now safely trading above EMA10 and can easily move higher.
Here is a full trade for this pair... The profits potential will range from 58% to 250% from 2 to 8 weeks.
Let's take a look at the details:
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Trade: Endor | EDRBTC
BUY: 40 - 48
NEXT SUPPORT: 36
TARGET:
1) 54
2) 65
3) 73
4) 83
5) 98
6) 113
7) 131
8) 144
9) 161
PROFITS POTENTIAL: 250%
(Buy calculated at 46)
STOP: Close weekly below 35.
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If you have any questions remember that you can use the comments section below... It is my pleasure to answer.
Thanks a lot for reading and for your continued support.
Namaste.
This is not financial advice.
EDR "An Energizer"Here all things are looking well RSI has touched Bottom Level.
Here are Buy zones 1145-1200
Sell Zones 1490-1540
If EDR wont break resist then you can exit with profit.
Stop Loss Below 1% From Buy Zone :)
Endeavour the worst news of 2018There is 70% chance EDR -0.10% will do that because im right 70% of the times :( i would prefer being right 30% of the time sometimes..
Trade at your own risk!
