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Chicago Sun-Times
Chicago Sun-Times
National
Associated Press

UFC, WWE combine to form $21.4B sports entertainment company

More than 80,000 attend the first night of WrestleMania 39 at SoFi Stadium in Inglewood, Calif., Saturday, April 1, 2023. It was announced Monday that Endeavor had signed an agreement with WWE to form a new, publicly listed company that will house UFC and WWE under one roof. (AP Photos)

WWE and the company that runs Ultimate Fighting Championship will combine to create a $21.4 billion sports entertainment company.

A new publicly traded company will house UFC and World Wrestling Entertainment brands, with Endeavor Group Holdings Inc. taking a 51% controlling interest in the new company. Existing WWE shareholders will hold a 49% stake.

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