A night after the WWE’s biggest event, the company announced that it would be acquired by the UFC’s parent company Endeavor. The WWE and UFC will merge into a publicly traded company with the moniker TKO. The acquisition is an all-stock transaction that list the enterprise value of WWE at $9.3 billion. In comparison, the […]
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Report: Endeavor set to purchase WWE
CNBC reports that the parent company of the UFC, Endeavor, is set to purchase World Wrestling Entertainment. According to the report, it appears that the UFC and WWE will be combined to form a new publicly traded company. WWE is having its best financial year to date and the second night of its annual big […]
Report: WWE sale market robust
A report from CNBC on Tuesday states that the potential sale of World Wrestling Entertainment is “hot and heavy.” The inference is that the sale may occur based on the number of interested parties. The report from David Faber notes that McMahon’s willingness to sell has been a key point of emphasis. McMahon has returned […]