Ultimate Fighting Championship owner and WWE combining to create $21.4bn company

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Ultimate Fighting Championship owner Endeavor Group Holdings Inc. and WWE are combining to create a $21.4bn sports entertainment company.

Under the deal, Endeavor will hold a 51% controlling interest in the new company, while existing WWE shareholders will hold 49%.

The news comes after Vince McMahon, founder and majority shareholder of WWE, returned to the company in January and said it could be up for sale. There had been speculation that companies such as Disney, Fox, Comcast, Amazon and Saudi Arabia's Public Investment Fund could be interested.

 

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That’s insane!

Why did you turned off the ability to reply to many of your tweets?

UFC is just full of street brawlers, only two or three of them could cut it in the WWE where the real athletes are. Hopefully they're not daft enough to risk putting the ufc guys into the ring with real fighters

So the dodgy acting and scripts will now be in UFC as well then 🙄

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