WWE to merge with UFC, to form $21 Billion sports entertainment company
Image Credit: twitter
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.