WWE, UFC merger officially closes; deal creates new company called 'TKO Group'

Malaysia News News

WWE, UFC merger officially closes; deal creates new company called 'TKO Group'
Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Professional wrestling promotion juggernaut WWE formally tied the knot with UFC's parent company Endeavor to form a new company called TKO Group.

Endeavor CEO Ari Emanuel is set to keep his same role. Meanwhile, WWE's Vince McMahon will serve as the new firm's executive chair.

World Wrestling Entertainment Inc. Chairman Vince McMahon appears in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center Aug. 24, 2009 in Las Vegas.for $4 billion. Endeavor will likely follow the plan the company executed after the UFC takeover in an effort to deliver millions in cost synergies. At some point, WWE is expected to be integrated into Endeavor’s global infrastructure.

The logo for World Wrestling Entertainment, appears above a trading post on the floor of the New York Stock Exchange, Sept. 13, 2019.

 

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Endeavor Closes UFC, WWE Merger, Creating Powerhouse Firm TKO GroupEndeavor 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.
Read more »

WWE, UFC Merger Is Official: New TKO Group Unveils Growth Strategy, Board, As Stock Hits The NYSEWWE, UFC Merger Is Official: New TKO Group Unveils Growth Strategy, Board, As Stock Hits The 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 started trading on the N…
Read more »



Render Time: 2025-01-09 12:27:12