All the speculations of change in WWE ownership comes to an end as Endeavor, the parent company of UFC, has put a deal in place to acquire WWE at a valuation of $9.3 billion. The joint company is said to have the valuation of $21 Billion. WWE executive chairman and long-time owner Vince McMahon, the largest current shareholder of WWE, is set to stay the chairman of the new company formed together.
WWE to Merge With UFC
WWE, Endeavor-owned UFC to merge into $21 bln entertainment giant https://t.co/6cygJV9c3H pic.twitter.com/7upWqM8QC8
— Reuters (@Reuters) April 3, 2023
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