San Diego Union-Tribune

ENDEAVOR PLANS TO RAISE $500M:

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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.

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