Endeavor: WWE-UFC Merger ‘Crystalizes’ Value of Entertainment Franchises, Combo to Yield up to $100 Million Cost Savings

, who will serve in the same role for the merged UFC-WWE. The pact, valuing the combined company at roughly $21.4 billion, is anticipated to close in the second half of 2023.

In addition, the deal to combine UFC with WWE will be debt-free, Shapiro noted. Following the close of the UFC-WWE deal, Endeavor will have a debt-to-equity ratio of 2.8X while “NewCo” will be 2.5X levered. The deal “crystalizes value on both sides,” meaning the UFC-WWE merged entity and the Endeavor business ex-UFC, said Shapiro.

Endeavor’s WME has repped Vince McMahon and WWE for two decades, and that execs at the companies have spit-balled a theoretical combination of UFC and WWE for years. Previously, Shapiro said, “it was just casual conversation” — but onceUFC for $4.1 billion “We built UFC using the Endeavor flywheel across a myriad business verticals,” including sponsorships, media rights licensing, and “event operations expertise,” said Shapiro. “That same recipe will be applied to WWE.”

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

WWE Confirms Merger With UFC Parent EndeavorWWE and UFC parent Endeavor Group Holdings made things official in an SEC filing Monday morning, confirming their blockbuster merger into a combat sports colossus. Word surfaced on Sunday of the co… ajdoon6 ?
แหล่ง: DEADLINE - 🏆 109. / 63 อ่านเพิ่มเติม »

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.
แหล่ง: nypost - 🏆 91. / 67 อ่านเพิ่มเติม »