Endeavor disclosed its IPO plans in a Securities and Exchange Commission filing Wednesday. Citing market volatility, Endeavor scrapped its first IPO attempt in September 2019, one day before shares were to begin trading. “With this IPO, Endeavor can frame itself as a reopening winner,” Los Angeles investment banker Lloyd Greif said. In January 2020 it snapped up On Location Experiences, an events business started by the National Football League, for $600 million. Elon Musk, Tesla’s chief executive, was nominated to Endeavor’s board; he is expected to become a board member before the IPO’s pricing.

Source: Los Angeles Times March 31, 2021 21:15 UTC