Endeavor, led by Ari Emanuel, plans to go private with Silver Lake's help, valuing the company at $13 billion.

Endeavor, a sports and entertainment company led by Ari Emanuel, plans to go private with the help of Silver Lake, a longtime financial backer. Silver Lake will buy shares in Endeavor it doesn't already own for $27.50 a share, valuing the company at $13 billion, including its debt. This transaction aims to create a new media powerhouse as Endeavor's growth story failed to gain traction on Wall Street.