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The remaining suitors are competing to inject at least $1B into the golf league amid its pending combination with Saudi Arabia’s PIF and the DP World Tour.
The decision to consider options reflects Endeavor’s frustration over the falling price of the company’s shares and those of TKO Group Holdings, the owner of UFC and WWE.
The tie-up is being viewed by officials as a brazen play loaded with red flags, not the least of which is creating a giant monopoly in an industry that had only recently gained a competitor.
Egon Durban’s deep connections with billionaires ranging from Musk to Michael Dell have ensured his rapid rise at Silver Lake, the investment firm he helps lead.
May 27, 2022
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