EDR - Hollywood mogul Ari Emanuel's Endeavor Group sets IPO terms valuing firm at some $10B

Hollywood super-mogul Ari Emanuel’s Endeavor Group Holdings (EDR), the parent company of the UFC mixed-martial arts league, Miss Universe competition and other top entertainment properties, disclosed terms Tuesday for an IPO that will value the firm at some $10B.Endeavor wrote in a revised S-1 filing with the U.S. Securities and Exchange Commission that it plans to offer 21.3M shares of stock at an expected $23-to-$24 price range.The company also wrote that Dragoneer Investment Group, Elliott Investment Management, Fertitta Capital, Fidelity, New England Patriots parent Kraft Group LLC, Michael Dell’s MSD Capital, Silver Lake and other A-list investors have agreed to a roughly $1.8B private placement.The investors will buy a total of 74.5M shares from Endeavor and pre-IPO investor KKR. Endeavor is also granting underwriters the option to buy some 3.2M additional shares for overallotments.In addition to participation from top investors, Endeavor has previously disclosed that Tesla founder Elon Musk will

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Hollywood mogul Ari Emanuel’s Endeavor Group sets IPO terms valuing firm at some $10B