Private equity firm Silver Lake is buying the remaining shares of Endeavor at a valuation of $13 billion. Meanwhile, a 21-year-old investor in Donald Trump's social media company made a 76% return on his investment in just a few days.
Silver Lake is acquiring 100% of the shares it doesn't already own in the company at a price of $27.50 per share, valuing Endeavor at $13 billion. Mohammed Al Shalloudi, a 21-year-old graduate data analyst in the United Arab Emirates who invested in Donald Trump 's social media company, has little in common with the former U.S. president's political supporters.
Al Shalloudi bought shares in Trump Media and Technology Group (TMTG), but not because he believes in the business of its app Truth Social or because he is a Trump fan. Al Shalloudi said he bought at $37 per share and cashed out late last week at $65 per share, clinching a 76% return on his $4,000 investment in just a few days. Keep watch on Magna International (TSX:MG) and two other value stocks this quarter
Silver Lake Endeavor Acquisition Valuation Investor Donald Trump Social Media Investment
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