The Endeavor talent firm is in discussions to return a $400 million investment from the Saudi Arabian government's Public Investment Fund, two people with knowledge of the matter told NBC News on Monday.
The move comes after the disappearance of journalist Jamal Khashoggi, who was last seen entering the Saudi consulate in Istanbul on Oct. 2. Turkey has told U.S. officials it has audio proof that he was murdered inside the consulate.
The Public Investment Fund agreed in March to buy a small stake in Endeavor. Endeavor CEO Ari Emanuel said on Monday the disappearance of Khashoggi was "upsetting" and he was "really concerned." If Endeavor does cut ties with Saudi Arabia, it would be one of the most visible moves by an American company to distance itself from the kingdom in the wake of Khashoggi's disappearance. Catherine Garcia