The deal was announced before market open this morning. TKO Group Holding shares are up 0.78% at $101.44 in mid-morning trade, off their highs but bucking a ho-hum market
It’s an epic moment as McMahon, who built the company his father founded into a powehouse and has been the face of WWE for decades, as well as its biggest shareholder, cedes control. Endeavor will own 51% of TKO
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Endeavor Closes UFC, WWE Merger, Creating Powerhouse Firm TKO Group'We're ready to fire out of the gate,' says Mark Shapiro, Endeavor's president and COO, who will hold the same title at the combined company.
La source: THR - 🏆 411. / 53 Lire la suite »
WWE, UFC Merger Is Official: New TKO Group Unveils Growth Strategy, Board, As Stock Set To Hit NYSEUFC, the mixed martial arts powerhouse, has officially tied the knot with Vince McMahon’s professional wresting juggernaut WWE, creating a new company called TKO Group that starts trading on the Ne…
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WWE, UFC Combined Company Makes Market Debut, Targets Demand for SportsTKO plans to pursue future acquisitions of sports-focused companies, the president of the new company says.
La source: WSJ - 🏆 98. / 63 Lire la suite »