The Latest Breaking News from WWE

The UFC’s parent company Endeavor is merging with WWE, it has been announced

World Wrestling Entertainment Inc. was headed for potentially the biggest drop in almost two years after Endeavor Group Holdings Inc. struck a deal to buy the entertainment conglomerate for $9.3 billion including debt.

The new business, which does not yet have a name, will be lead by Endeavor CEO Ari Emanuel. Vince McMahon, executive chairman at WWE, will serve in the same role at the new company. Dana White will continue as president of UFC.

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

An agreement has been reached ‘to form a new, publicly listed company consisting of two iconic, complementary, global sports’

The Notorious has long been rumoured to be interested in stepping inside the squared circle.

The $9.3 billion deal creates a global fighting juggernaut, worth north of $20 billion.

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 be formed that houses the UFC and WWE brands, with Endeavor Group Holdings Inc. taking a 51% controlling interest in the new company. Existing WWE…

Live sports entertainment company will have revenue of $2.4 billion; WWE shareholders get 49% stake