Rumors of a looming sale of WWE were confirmed over the weekend, with the announcement that it would be merging with UFC.
- The new company will be owned by UFC parent company Endeavor, with a combined value of more than $21 billion.
- Endeavor CEO Ari Emanuel will lead the company, with Vince McMahon remaining as WWE executive chairman and Dana White as UFC president.
- The deal will need approval from regulators and is scheduled to close later this year.