Monday, Apr 03, 2023
WWE & UFC Merge to Form Company Controlled by Endeavor Group
CM Punk (photo via UFC)
By FCF Staff
The UFC is making financial news headlines on Monday, as it’s been announced the WWE is merging with the UFC to form a publicly traded company, controlled by the Endeavor Group.
According to a report from CNBC, Endeavor holds a 51% ownership stake in the new company. The UFC is reportedly valued at $12.1 billion dollars while the WWE is valued at $9.3 billion.
Ari Emanuel will serve as Endeavor’s and the new company’s chief executive and Dana White will remain on as the UFC President.
WWE’s Vince McMahon will serve as the executive chairman and Nick Khan will continue as WWE CEO.
posted by FCF Staff @ 10:45 am
