Endeavor's WWE Deal Boosts McMahon's Return to Power.

WWE has been sold to Endeavor Group for $9.3 billion and will merge with the UFC to form a new combat sports and entertainment juggernaut. Vince McMahon, who recently signed a two-year deal to remain at WWE, used all of his voting stock power to force his way back onto WWE’s board of directors as executive chairman in January with eyes on a sale. McMahon was able to find someone in Endeavor and CEO Ari Emanuel, with whom he’s had a prior relationship, that “wasn’t going to let him” quit the business. McMahon is back in full control of the company, at least on a macro level.