Investors who hold shares of Endeavor Group Holdings, Inc. (NYSE: EDR) should contact the Shareholders Foundation in connection with Takeover

An investigation was announced concerning whether the takeover of Endeavor Group Holdings, Inc. is unfair to NYSE: EDR stockholders.

Investors who purchased shares of Endeavor Group Holdings, Inc. (NYSE: EDR) and currently hold any of those (NYSE: EDR shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Endeavor Group Holdings, Inc. breached their fiduciary duties owed to NYSE: EDR investors in connection with the proposed acquisition.

Beverly Hills, CA based Endeavor Group Holdings, Inc. operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. Endeavor Group Holdings, Inc. reported that its annual Total Revenue rose from over $5.26 billion in 2022 to over $5.96 billion in 2023, and that its Net Income increased from $129.13 million in 2022, to $356.51 million in 2023.

On April 2, 2024, Endeavor Group Holdings, Inc. (NYSE: EDR) announced that it has entered into an agreement to be acquired by Silver Lake.
Under the terms of the agreement, Silver Lake will acquire 100% of the outstanding shares it does not already own, other than rolled interests. Endeavor stockholders will receive $27.50 per share in cash.

However, given that at least one analyst has set the high target price for NYSE: EDR shares at $33 per share, the investigation concerns whether the offer is unfair to NYSE: EDR stockholders. More specifically, the investigation concerns whether the Endeavor Group Holdings, Inc. Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Those who purchased shares of Endeavor Group Holdings, Inc. (NYSE: EDR) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.