It took Endeavor multiple attempts before they executed their 2021 public offering, at a modest $24 a share, though private equity company Silver Lake retained a dominant and controlling stake. But the market has been unimpressed, particularly as Endeavor pushed through a merger between their Ultimate Fighting Championship and World Wrestling Entertainment. The stock went from a high of nearly $35 a share at the end of 2022 to less than $18 a share earlier this week. Which led to Endeavor’s announcement Wednesday afternoon that it would explore a sale or sales: “Given the continued dislocation between Endeavor’s public market […]
