The Legal Submission 55 takes a look at the acquisition of the WWE by Endeavor and the merger of the UFC and the WWE.
WWE
WWE Raw gets huge ratings for day after WM
WWE-UFC combine for NewCo
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 […]
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 […]
SEC filing reveals McMahon’s new compensation
A Securities and Exchange Regulatory Filing filed on Friday reveals that Vince McMahon will be paid $7.6 million in salary and will receive an even bigger upside if the company is sold. Voted on March 29, 2023 and retroactive to McMahon’s return on January 9th of this year McMahon will serve as Executive Chairman on […]