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May 23, 2019By Michael Cader

Endeavor Files for IPO

May 23, 2019By Michael Cader

Endeavor Group, the sprawling entertainment and representation conglomerate that is the parent of William Morris Endeavor, filed documents with the SEC for a public offering of shares. They intend to trade on the New York Stock Exchange under the symbol EDR, and the proposition is perhaps more reminiscent of a tech IPO than a regular offering. The company has grown quickly through a series of acquisitions, and is losing money at a good clip — with losses from continuing operations before taxes over the past three years of about $793 million. They carry debt of more than $4.6 billion and […]

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Filed Under: Agency News, Finance

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