SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Acquisition of Endeavor Group Holdings, Inc. by Silver Lake
NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who own Endeavor Group Holdings, Inc. (“Endeavor” or the “Company”) (NYSE: EDR) stock purchased prior to April 2, 2024.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of Endeavor by affiliates of Endeavor’s largest stockholder, Silver Lake. As a result of the merger, Endeavor stockholders will receive $27.50 per share in cash, only $3.50 more than the 2021 IPO price. Silver Lake controls approximately 70% of the Company’s voting power and may have interests diverging from those of unaffiliated Endeavor stockholders.
To learn more about the action and your rights, go to:
https://zlk.com/mna2/information-request-form
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.
The Endeavor merger investigation concerns whether Silver Lake and the Board of Endeavor have harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington, D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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