All articles tagged with #silver lake
Originally Published 24 days ago — by PBS
TikTok has agreed to sell its U.S. operations to a consortium of American investors including Oracle and Silver Lake, with the deal expected to close by January 22. The new U.S. venture will have a majority-American board, local data storage, and oversight of content moderation, addressing U.S. security concerns and ending years of uncertainty about TikTok's future in the U.S.
Originally Published 24 days ago — by The Hollywood Reporter
TikTok's U.S. operations will be sold to a consortium including Oracle, Silver Lake, and Abu Dhabi's investment fund, with the deal closing on January 22, 2026. The new joint venture will own 45% of TikTok USDS, with Oracle overseeing data protection and content moderation, ensuring U.S. control over user data and content policies.
Originally Published 3 months ago — by Financial Times
Egon Durban's significant $55 billion buyout bet increases the stakes for Silver Lake, a major player in private equity and technology investments.
Originally Published 3 months ago — by Bloomberg.com
Silver Lake is set to complete the largest leveraged buyout in history by acquiring Electronic Arts for $55 billion, leveraging its strong ties with Middle Eastern sovereign funds and tech industry connections, marking a significant milestone in private equity and tech investments.
Originally Published 3 months ago — by The Hollywood Reporter
Electronic Arts is set to be taken private in a $55 billion deal backed by Saudi Arabia’s Public Investment Fund, Silver Lake, and Jared Kushner’s Affinity Partners, with shareholders receiving $210 per share in cash; the deal is expected to close in early 2027, and CEO Andrew Wilson will remain in his position.
Originally Published 3 months ago — by Electronic Arts Home Page
Electronic Arts (EA) is set to be acquired by a consortium of PIF, Silver Lake, and Affinity Partners for $55 billion in an all-cash deal, representing the largest sponsor take-private investment in history, with EA's stockholders receiving $210 per share, a 25% premium. The deal aims to accelerate EA's growth and innovation in entertainment, with the transaction expected to close in Q1 FY27, subject to regulatory approvals and shareholder consent.
Originally Published 3 months ago — by Electronic Arts Home Page
Electronic Arts (EA) is set to be acquired by a consortium of PIF, Silver Lake, and Affinity Partners for $55 billion in an all-cash deal, representing the largest sponsor take-private investment in history, with EA stockholders receiving $210 per share, a 25% premium. The transaction aims to accelerate EA's growth and innovation in entertainment, with the deal expected to close in Q1 FY27 pending regulatory and shareholder approval.
Originally Published 3 months ago — by GamesIndustry.biz
Electronic Arts is set to be acquired by a group of investors including the Public Investment Fund, Silver Lake, and Affinity Partners for $55 billion, in the largest all-cash sponsor buyout in history, with the deal expected to close in Q1 FY27. CEO Andrew Wilson will remain in his role, and the transaction involves a significant increase in PIF's stake in EA.
Originally Published 3 months ago — by Bloomberg.com
Electronic Arts is in talks to be acquired by a group of US investors backed by Saudi Arabia's PIF, potentially the largest deal of 2025, with a deal possible as soon as next week, though nothing is finalized yet.
Originally Published 3 months ago — by Bloomberg.com
A tentative deal involves Oracle, Silver Lake, and Andreessen Horowitz acquiring a stake in a US-based TikTok, with ByteDance reducing its ownership to comply with US security laws, potentially allowing TikTok to operate in the US while addressing national security concerns and improving US-China relations.
Originally Published 1 year ago — by Hollywood Reporter
Patrick Whitesell, executive chairman of Endeavor, is set to launch a new media company with $250 million in seed money from Silver Lake, as part of his new employment agreement. The media company will focus on investing in and providing services to entertainment, media, and sports industries, as well as developing and producing content, talent management, and consulting. Whitesell will continue to serve on the Endeavor board and play a central role in the company's new private structure, following Silver Lake's take-private offer.
Originally Published 1 year ago — by Variety
Silver Lake is investing $250 million in a new media venture led by Patrick Whitesell, executive chairman of WME parent company Endeavor, as part of a deal to take Endeavor private. Whitesell's new business will focus on investing in entertainment, media, and sports companies, producing content, talent management, and consulting. The agreement also includes details about executive appointments, equity awards, and compensation terms for Whitesell, Ari Emanuel, and Mark Shapiro, as well as breakup and termination fees in case of deal failure.
Originally Published 1 year ago — by Deadline
Silver Lake plans to invest $250 million in a new business venture led by Patrick Whitesell as part of the privatization of Endeavor, with the equity value of the acquisition pegged at $13 billion. The new venture will focus on entertainment, media, and sports industries, and both Whitesell and Ari Emanuel will receive a private plane as part of the deal. The privatization also includes new contract details for top executives and potential asset sales, with Emanuel set to receive a $25 million bonus and quarterly royalty payments from WME.
Originally Published 1 year ago — by MMA Fighting
Endeavor, the talent agency that owns the UFC, is being acquired by private equity firm Silver Lake to go private after being publicly traded for three years. Silver Lake, already a major shareholder, will acquire 100% of the outstanding shares for $27.50 per share in cash. The deal does not affect TKO Group Holdings, the merged company with UFC and WWE, which remains publicly traded. The combined value of Endeavor and TKO is estimated at $25 billion, and the transaction is expected to close in the first quarter of 2025.
Originally Published 1 year ago — by Variety
Private-equity firm Silver Lake has agreed to acquire Endeavor, a sports, entertainment, and talent management company, in a deal valuing Endeavor at $13 billion. The acquisition, expected to close in the first quarter of 2025, will give Endeavor an equity value of $13 billion and represents a 55% premium to the unaffected share price. The deal excludes TKO Group Holdings, formed by the merger of WWE and Endeavor-owned UFC, which will remain a publicly traded company. Upon completion of the transaction, Endeavor’s common stock will no longer be listed on any public market.