Former WWE announcer featured in Maxim, Endeavor Group Holdings to review strategic alternatives

Oct 25, 2023 - by Steve Gerweck

– Endeavor Group Holdings has announced that they are doing a formal review of strategic alternatives, though a sale of TKO Groups (aka WWE & UFC) is not on the table.

Endeavor, who acquired WWE this year and merged it with UFC into TKO Groups, issued a press release noting that they have started “a formal review to evaluate strategic alternatives for the Company.” The review comes after the company’s stock performed disappointingly, closing near its 52-week low today at $17.72.

It was announced following the press release that Silver Lake, a global technology firm that owns 71% of Endeavor’s voting power, is considering a proposal to take Endeavor private.

– Former WWE announcer Charly Caruso in this month’s Maxim Magazine

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