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WWE in talks to sell to UFC parent Endeavor

08:17am, Monday, 03'rd Apr 2023
World Wrestling Entertainment is in advanced talks to be sold to Endeavor Group, the parent of UFC. CNBC's Alex Sherman has the details.
The deal values Vince McMahon's wrestling company at a 74% premium from when McMahon returned to WWE in January.

WWE sells itself to UFC

07:20am, Monday, 03'rd Apr 2023
World Wrestling Entertainment has been sold to Endeavor Group, the parent company of competitor UFC, to form a new publicly traded company.
Endeavor Group Holdings Inc. EDR, +3.37% said Monday it agreed to combine with World Wrestling Entertainment Inc. WWE, +0.73% to form a new, publicly listed company to trade under the symbol TKO, with

WWE Nears Sale to UFC's Endeavor Group

07:07pm, Sunday, 02'nd Apr 2023
The deal gives WWE an enterprise value of $9.3 billion and UFC an enterprise value of $12.1 billion.
UFC parent company Endeavor Group is close to a deal to acquire World Wrestling Entertainment, according to a report Sunday.
As WWE puts on WrestleMania, its biggest show of the year, the company is on the verge of being sold.
The WWE, which has been exploring a potential sale over the past few months, is in the process of being acquired by UFC parent Endeavor Group Holdings. Word circulated Sunday that a deal was imminent,
WWE, which is controlled by Vince McMahon, has spent the past several months looking for a buyer.
WWE Chairman Vince McMahon locked in a two-year employment agreement as the company seeks potential acquisition bids.
WWE CEO Nick Khan joins 'Closing Bell Overtime' to discuss WWE's Wrestlemania weekend, the potential sale of WWE, and the possibility to introduce a betting system for WWE.
World Wrestling Entertainment Inc. WWE, +0.71% on Friday said Executive Chairman Vince McMahon agreed to pay the pro-wrestling media giant around $17.4 million to cover costs the company took on relat

World Wrestling Entertainment: Upgrade To Hold

07:43am, Thursday, 16'th Mar 2023
Vince McMahon loves his company and is also set in his ways. That is not a good combination for a potential buyer. A 50% premium being sought by WWE is unlikely to come through.

Endeavor Continues to Choke Out the Bears

08:00am, Wednesday, 15'th Mar 2023
Entertainment and sports operator Endeavor Group Holdings Inc. (NYSE: EDR) stock has been stable, forming a solid base above $20. The company benefits from the strong rebound in live events, which is
CNBC's Contessa Brewer joins Brian Sullivan and 'Last Call' to report on whether the WWE's made any progress in its effort to allow gamblers to bet on scripted wrestling matches.
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