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Endeavor Sets Pricing Range

By
Martin Peers
· · Source: The Information

Hollywood conglomerate Endeavor Group set a tentative pricing range for its upcoming initial public offering of $23 to $24 a share, according to a securities filing. If the offering was successful, that would translating to a valuation of about $14 billion, which is nearly four times 2020 revenues. The filing shows that Endeavor hopes to raise $511 million from the sale of shares in the IPO....

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