IPO Report: Entertainment conglomerate Endeavor prices IPO at $24, to raise $511 million

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Los Angeles-based entertainment powerhouse Endeavor Group Holdings Inc. priced its initial public offering at $24 a share late Wednesday, at the top of its expected range.

The company said it will offer 21.3 million shares, raising about $511 million, and it will raise an additional $1.8 billion from institutional investors, according to a Securities and Exchange Commission filing. Endeavor is valued at a little over $6 billion.