ENDEAVOR PLANS TO RAISE $500M:
Endeavor Group Holdings, the owner of talent agency WME, Endeavor Content and sports league UFC, plans to raise around $511 million in its initial public offering, valuing the company at about $10 billion. The entertainment company filed an amended prospectus with the Securities and Exchange Commission on Tuesday laying out its plans to sell 21.3 million shares at $23 to $24 a share. Endeavor will also raise some $1.7 billion in a private sale and use about $437 million to purchase the remaining 49 percent of the UFC that it doesn’t currently own. This would be Endeavor’s second attempt to go public after it scrapped its muchanticipated IPO in September 2019 a day before its shares were expected to begin trading on the New York Stock Exchange.