UFC Parent Endeavor Merges with WWE to Form $21 Billion Company.
TL;DR Summary
Endeavor and WWE have announced a definitive agreement to merge and form a new publicly listed company consisting of UFC and WWE. Endeavor will hold a 51% controlling interest in the new company, with existing WWE shareholders owning a 49% interest. The new company will be led by Endeavor CEO Ari Emanuel as CEO, with WWE executive chairman and majority shareholder Vince McMahon serving as executive chairman. The deal is expected to close in the second half of the year and is subject to regulatory approvals.
- Endeavor’s UFC, WWE to Merge; Ari Emanuel to Serve as CEO, Vince McMahon as Executive Chair Hollywood Reporter
- WWE is combining with UFC to form a new company CNN
- WWE near deal to be sold to UFC parent Endeavor, sources say CNBC
- WWE acquired by UFC's parent organization to form new $21 billion company Fox Business
- UFC Parent will Merge with WWE in a Knockout Deal TipRanks
Reading Insights
Total Reads
0
Unique Readers
10
Time Saved
5 min
vs 6 min read
Condensed
92%
1,022 → 86 words
Want the full story? Read the original article
Read on Hollywood Reporter