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WWE, UFC Officially Merge, Form TKO Group; Vince McMahon Loses Majority Control

Por: Bleacher Report Sports September 12, 2023

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Vince McMahon officially no longer holds majority control of WWE.Endeavor its majority-stake purchase of the wrestling giant Tuesday, merging WWE with UFC to create TKO Group Holdings.Shares in the company began trading on the New York Stock Exchange with the opening bell Tuesday, at a price of $102 per share.Endeavor owns 51 percent of the newly formed company. McMahon owns 16.4 percent of TKO under terms of the deal. Endeavor agreed to a deal... + full article



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