BEVERLY HILLS, Calif.--(BUSINESS WIRE)--OpenBet, a world leader in betting and gaming entertainment, today announced the completion of its sale by Endeavor Group Holdings, Inc. (“Endeavor”) (NYSE: EDR) to OB Global Holdings LLC (“OB Global”) in a management buyout backed by Ariel Emanuel with participation from OpenBet executives, including Jordan Levin, who continues to lead the business as CEO. Levin said: “As this new chapter begins, OpenBet is better positioned than ever to drive market exp.

Diamondback Energy's $26 billion acquisition of private company Endeavor has nearly doubled Diamondback's market capitalization to $46.4 billion. This premiere Permian oil producer currently pays a 2.5% base dividend. It also repurchases stock and, in the past, has paid an additional variable dividend at times. Governance changes include a board expansion post-Endeavor merger, with insiders owning 36.1% of Diamondback's equity and lockups on Endeavor owners' stock transfers through March 2026.

MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--Silver Lake hereby announces that it will close its acquisition of Endeavor Group Holdings, Inc. (NYSE: EDR) on March 24, 2025 at $27.50 per share, subject only to closing conditions that Silver Lake is confident will be satisfied prior to such time. Almost one year ago, Silver Lake entered into a binding merger agreement at this price following extensive negotiations with a special committee of independent directors of the company and is confiden.

Since the $13 billion, take-private deal was unveiled in April 2024, TKO's stock has surged almost 75% to $156.

BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor”), a global sports and entertainment company, will release its fourth quarter and full year 2024 results before market hours on Thursday, February 27, 2025 Following the prior announcement of Endeavor's definitive agreement to be acquired by Silver Lake, the company will not be hosting an earnings conference call. The earnings release and any accompanying presentation materials will be accessible via En.

Diamondback's merger with Endeavor increased its production and net Permian acreage by 70+%. This is expected to result in a large dropdown transaction with Viper. I've looked at a potential $4.2 billion drop down transaction here that would boost Viper's production by close to 50%.

LOS ANGELES--(BUSINESS WIRE)--Endeavor Group Real Estate (EGRE), a Wyoming-based real estate firm, today announces a call to action on behalf of all Californians displaced by the fires recently. As some estimate upwards of 50K people are now seeking housing, whether their house burned down, or even if it survived is likely uninhabitable. Richard Rubin, a Managing Partner at Endeavor, and local LA resident, has an extensive background of converting empty office spaces, malls, and hotels, into af.

Diamondback Energy's recent acquisition aims to lower production costs and optimize combined operations. Management collaboration is expected to yield significant cost savings and operational efficiencies. The company's breakeven point dropped to $37 per barrel, one of the lowest in the upstream industry.

BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor” or the “Company”), a global sports and entertainment company, today announced that it has declared a quarterly cash dividend in an aggregate amount of approximately $27 million. The dividend to Endeavor's Class A common stockholders, following the distribution from Endeavor Operating Company to the Company, will be $0.06 per share. The dividend will be paid on December 30, 2024 to Class A common stockh.

Viper Energy's latest acquisition contributed minimally in Q3. The rest of the acquisition closed in the fourth quarter. Management highlighted that the recent distribution was 83% of available cash, surpassing the 75% goal. Viper's dividend strategy includes a base dividend protected at WTI $30 per share and a variable dividend influenced by share repurchases.