Endeavor Group's $13B deal to go private bypasses minority shareholders' veto, sparking governance concerns.

Endeavor Group's $13B deal to go private bypasses minority shareholders' veto, raising concerns about corporate governance safeguards. The deal, led by Silver Lake with 71% voting stock, avoids a "majority-of-the-minority-investors" threshold, potentially undervaluing companies and sparking lawsuits. The move highlights a growing trend of controlling investors risking litigation to avoid higher deal prices.