12:40 PM EDT, 04/02/2024 (MT Newswires) -- Endeavor Group ( EDR ) , a sports and entertainment company, said Tuesday that it has agreed to be acquired by private equity firm Silver Lake for an equity value of $13 billion.

Under the terms of the deal, Silver Lake will acquire all of Endeavor's outstanding shares that it does not already own, other than rolled interests, for $27.50 per share in cash.

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