News Formal

WWE acquired by UFC's parent organization to form new $21 billion company

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Endeavor Group Holdings on Monday announced a deal to merge WWE and UFC to form a $21 billion separately listed company hours after WrestleMania 39.

Linda McMahon and Vince McMahon attend the New York Moves Magazine's 10th Anniversary Power Women Gala at the Grand Hyatt New York on Nov. 14, 2013 in New York City.

McMahon added, "Together, we will be a $21+ billion live sports and entertainment powerhouse with a collective fanbase of more than a billion people and an exciting growth opportunity. The new company will be well positioned to maximize the value of our combined media rights, enhance sponsorship monetization, develop new forms of content and pursue other strategic mergers and acquisitions to further bolster our strong stable of brands.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Right after Wrestlemania

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WWE close to being sold to UFC parent company EndeavorAs WWE puts on WrestleMania, its biggest show of the year, the company is on the verge of being sold.
Source: nypost - 🏆 91. / 67 Read more »