Silver Lake sues Icahn and hedge funds over Endeavor buyout
Silver Lake sued Carl Icahn and dozens of hedge funds, saying they plan to use an “obscure legal tactic” to seek a potentially large payday related to its 2025 acquisition of Endeavor’s entertainment agency, and aims to block the tactic.
Silver Lake sued billionaire Carl Icahn and dozens of hedge funds on Monday, seeking to block their use of an obscure legal tactic to pursue a potential payout from the company tied to its 2025 acquisition of the Endeavor entertainment agency. The suit centers on whether the investors can use that approach to chase compensation from the transaction.