SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Endeavor Group Holdings, Inc. (EDR)

April 16, 2024 8:07 AM EDT | Source: Brodsky & Smith

Bala Cynwyd, Pennsylvania--(Newsfile Corp. - April 16, 2024) - Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Endeavor Group Holdings, Inc. ("Endeavor" or the "Company") (NYSE: EDR) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Silver Lake. Under the terms of the agreement, Silver Lake will acquire 100% of the outstanding shares it does not already own, other than rolled interests, for $27.50 per share in cash.

The investigation concerns whether the Endeavor Group Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Silver Lake is paying fair value to shareholders of the Company. For example, at the announcement, numerous analysts maintained a price target for the Company above the deal price.

If you own shares of Endeavor Group stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, visit https://www.brodskysmith.com/cases/endeavor-group-holdings-inc-nyse-edr/, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/205584

info