WWE, UFC parent Endeavor announce $21.4 billion planned merger

World Wrestling Entertainment and Endeavor, the parent company that runs mixed martial arts outfit Ultimate Fighting Championship, have confirmed that they will merge to create a $21.4 billion company that will be listed on the New York Stock Exchange.Endeavor will have a 51% controlling interest in the new entity while WWE shareholders will retain a 49% stake in the company, which has yet to be named.

Ari Emanuel, the super-agent who runs Endeavor, will be CEO of the company while WWE boss Vince McMahon will serve as executive chairman. Shares of WWE were trading down by some 6% in pre-market activity on Monday while Endeavor’s stock was trading at around 2.8% higher before the opening bell.

And am here can't even afford a meal... 💔...

WWERaw

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

WWE acquired by UFC's parent organization to form new $21 billion companyEndeavor Group Holdings on Monday announced a deal to merge WWE and UFC to form a $21 billion separately listed company hours after WrestleMania 39. Right after Wrestlemania
La source: FoxBusiness - 🏆 458. / 53 Lire la suite »

WWE, UFC-parent company Endeavor merge to form $21B global fighting behemothEndeavor, the parent company of UFC, acquired World Wrestling Entertainment in a merger that values the WWE at $9.3 billion, forming a worldwide combat sports behemoth, the companies say in a joint announcement. 'Professional Wrestling' is simply monetized idiocy, lol But Dana White is a wife beater. So?
La source: ABC - 🏆 471. / 51 Lire la suite »

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.
La source: nypost - 🏆 91. / 67 Lire la suite »