Endeavor, the UFC ownership group, acquires WWE and intends to merge the promotions to form a publicly traded enterprise

Endeavor, the parent company of UFC, has purchased the controlling interest in World Wrestling Entertainment (WWE), in a deal that sees Endeavor take 51% control over WWE, while the remaining 49% will be held by current stockholders. Following the acquisition, Endeavor plans to create a new publicly traded company merging WWE and UFC. Ari Emanuel, the current CEO of Endeavor, will act as the executive … Continue reading Endeavor, the UFC ownership group, acquires WWE and intends to merge the promotions to form a publicly traded enterprise