UFC and WWE merge to form $21.4B entertainment company with McMahon and White at the helm.
TL;DR Summary
UFC and WWE will merge to form a new publicly traded company with Endeavor Group Holdings taking a 51% controlling interest. The new company will have an enterprise value of $21.4 billion and will be led by Endeavor CEO Ari Emanuel. The focus of the new company will be to maximize the value of combined media rights, enhance sponsorship monetization, develop new forms of content, and pursue strategic mergers and acquisitions. The deal is expected to close in the second half of the year, pending regulatory approval.
- UFC, WWE will merge; Vince McMahon, Dana White will stay in leadership NPR
- WWE is combining with UFC to form a new company CNN
- UFC, WWE combine to create $21.4B entertainment company ESPN
- WWE agrees to merge with UFC to create a new company run by Ari Emanuel and Vince McMahon CNBC
- Details on Triple H's role in WWE following recent sale of the company - Reports Sportskeeda
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
4 min
vs 4 min read
Condensed
89%
798 → 87 words
Want the full story? Read the original article
Read on NPR