Tim Conway Jr

Tim Conway Jr

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WWE & UFC To Merge Forming $21 Billion Company

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.

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