Le Lézard
Classified in: Business
Subject: ATY

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Endeavor Group Holdings, Inc. (EDR) and Encourages Investors to Contact the Firm


PHILADELPHIA, April 15, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Endeavor Group Holdings, Inc. (NYSE: EDR) ("Endeavor") on behalf of the company's investors.

On April 2, 2024, Endeavor announced that it would be taken private by its majority stockholder, private investment firm Silver Lake, at a price of $27.50 per share in cash.  Following the closing of the transaction, Endeavor's shareholders will be cashed out of their investment position and the company's shares will no longer be publicly traded. 

The investigation seeks to determine whether investors will be receiving sufficient consideration for their shares, and whether Endeavor's officers and/or directors breached their fiduciary duties or violated the securities laws in agreeing to sell the company at $27.50 per share. 

Notably, at the time the transaction was announced, no less than 10 stock analyst firms were maintaining a price target for the company's shares above the buyout price, including one firm who was maintaining a price target of $36.00 per share for Endeavor's shares.

Endeavor shareholders who are dissatisfied with the buyout price are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (888) 715 ? 1740 or (484) 229 ? 0750, or by email ([email protected] / [email protected]) or online at https://kaskelalaw.com/cases/endeavor-group-holdings/ , to receive additional information about this investigation and their legal rights and options.

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis.  For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.

CONTACT:
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 ? 1740
(484) 229 ? 0750
www.kaskelalaw.com

This notice may constitute attorney advertising in certain jurisdictions.

SOURCE Kaskela Law LLC


These press releases may also interest you

at 09:43
Vitrolife AB (publ) today signed an agreement to acquire 100% of the shares in eFertility (STB Zorg B.V.). This acquisition is a key element of the Vitrolife Group's strategy to bring increased standardisation and digitalisation to IVF clinics around...

at 09:41
Sign in Solutions, a leading global provider of cloud-based visitor management solutions, today announced the completion of its take-private acquisition of SmartSpace Software PLC. Previously listed on the AIM market of the London Stock Exchange,...

at 09:40
Assets in TIAA and Nuveen's suite of lifetime income target-date solutions across corporate, educational, governmental, and healthcare retirement plans are now approaching $35 billion in AUM, far surpassing assets in any other comparable lifetime...

at 09:39
Direct Care Workforce Strategies Center to host learning collaboratives to share best practices Key Takeaways -- 14 states have been selected to participate in the Direct Care Workforce Strategies Center's new State Peer-Learning Collaboratives. --...

at 09:38
The Sovana at Stuart, an esteemed luxury apartment community nestled in the heart of Stuart, Florida, is thrilled to commemorate its second anniversary! Since opening its doors in 2022, The Sovana at Stuart has become an integral fabric of the city...

at 09:35
Brand Engagement Network Inc. ("BEN") , an emerging provider of personalized customer engagement AI, today announced that it will report its results for the first quarter ended March 31, 2024 on Tuesday, May 14, 2024 after market close. The company...



News published on and distributed by: