Endeavor seeks to strip Icahn and hedge funds of profits from $25bn buyout challenge
Endeavor Group Holdings has filed a federal lawsuit seeking to recover profits made by Troluce Capital Advisors through an arbitrage strategy challenging its $25bn acquisition by private equity firm Silver Lake, according to a report by Bloomberg. The lawsuit, filed in New York, alleges that Icahn Enterprises and Troluce accumulated substantial stakes in Endeavor following the announcement of…
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