WWE, UFC complete merger, begin trading on NYSE

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The marriage of WWE and UFC is now complete, with a new company, TKO debuting on the NYSE.

Merged:ByWWE and UFC are now under one roof as the ultimate sports and entertainment tag team.Group Holdings Inc. officially closed its announced deal with World Wrestling Entertainment Inc.

and began trading on the New York Stock Exchange on Tuesday,The new company is called TKO Group Holdings, or TKO. It is a nod to both professional wrestling’s World Wrestling Entertainment and Ultimate Fighting Championship, the mixed martial arts organization. TKO stands for technical knockout.

 

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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.
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