Silver Lake Acquires Endeavor Group Holdings for $13 Billion
Private equity firm Silver Lake has announced its acquisition of entertainment company Endeavor Group Holdings at $27.50 a share, causing Endeavor’s stock to rise by over 2%. Endeavor is set to be acquired at an equity value of $13 billion, with the transaction expected to close by the end of the first quarter of 2025. The future of Endeavor as a private company under the ownership of Silver Lake holds significant potential for growth and expansion in the entertainment industry.
Café Tropical in Silver Lake Set to Reopen Under New Ownership
Café Tropical in Silver Lake is reopening under new ownership after abruptly closing in November. The community has shown overwhelming support, and the café plans to expand its menu in the near future. The revival of Café Tropical marks a significant milestone for the Silver Lake community.