Silver Lake Taking Endeavor Private, TKO To Remain Publicly Traded Company [Video]

Endeavor is going private, but TKO will remain a publicly traded company.

In a press release, Silver Lake announced that it was taking Endeavor private. The announcement noted that Endeavor Group Holdings, Inc. had entered into an agreement to be acquired by Silver Lake in partnership with the Endeavor management team and additional investors. The press release stated that Endeavor was being acquired at an equity value of $13 billion.

Ari Emanuel, the CEO of Endeavor, commented on the news.

“Since 2012, Endeavor’s strategic partnership with Silver Lake and Egon Durban have been central to our evolution into the global sports and entertainment leader we are today,” Emanuel said. “We believe this transaction will maximize value for all of Endeavor’s public stockholders and are excited to continue to unlock and invest in the growth opportunities ahead as a private company.”

As noted in the press release, this move does not affect TKO, as TKO …