Previous close | 3.6000 |
Open | 3.6000 |
Bid | 1.2500 |
Ask | 6.0000 |
Strike | 30.00 |
Expiry date | 2026-01-16 |
Day's range | 3.6000 - 3.6000 |
Contract range | N/A |
Volume | |
Open interest | 2 |
(Reuters) -Endeavor Group's decision to deny minority shareholders the ability to veto a $13 billion deal to take the entertainment conglomerate private is the latest example of a company's controlling investors risking lawsuits to avoid paying a higher deal price. At stake is a corporate governance safeguard that reassures minority investors they are getting a fair price and protects companies' stock market valuations from taking a hit on concerns a deal would undervalue them, corporate lawyers and investment bankers say. Endeavor agreed last month to be taken private by a consortium of its investors, led by private equity firm Silver Lake, which holds 71% of the voting stock in the company.
Comprehensive Analysis of Financial Performance and Strategic Developments
The headline numbers for Endeavor (EDR) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.