William Morris Endeavor and its stakeholder Silver Lake Partners have acqui red IMG Worldwide, a rival talent agency and marketing firm with particular depth in sports. WME, the agency run by Ari Emanuel and Patrick Whitesell, came out on top during an auction where bids were submitted on Dec. 13. Bids of less than $1.8 billion came in from CVC Capital and Chernin Entertainment and a consortium of ICM Partners and the Carlyle Group. Emanuel and Whitesell will serve as co-CEOs of the combined company.

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