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The Times of India

Sport

TIMESOFINDIA.COM

Endeavor Group to acquire WWE in a mega $9.3 billion deal

WWE Endeavor Endeavor Group Holdings Inc Entertainment Stephanie McMahon Vince McMahon New Delhi

NEW DELHI: In a major announcement on Monday, Endeavor Group Holdings Inc said it would acquire entertainment firm World Wrestling Entertainment (WWE) Inc in a deal valued at $9.3 billion.

Endeavor said the deal represents a contribution price of about $106 per share for WWE, which is about 16% higher than the stock's Friday closing.

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