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The merger closed on September 12, 2023; [38] [33] with Vince McMahon personally owning approximately one-third of the Class A Common Stock of TKO Group Holdings, Inc. [39] The first television show produced under the TKO banner was the September 12 episode of WWE NXT. [40] Following the merger, Dana White was made CEO of UFC. [41]
The merger of the UFC and the WWE closed Tuesday, under the corporate umbrella of TKO Holdings Group. The new company is valued at $21.4 billion, with the UFC valued at $12.1 billion and the WWE ...
WWE's stock price additionally decreased following the announcement of the sale. [85] On May 16, it was reported that the new entity would operate under the name TKO Group Holdings. [86] The merger was finalized on September 12, 2023.
The hope is that by tag-teaming as a unified force, UFC and WWE together will become stronger than they could be separately. TKO together … WWE, UFC Officially Merge to Form TKO Group, New Stock ...
WWE and UFC owner Endeavor agree to massive merger. Brian Sozzi. April 3, 2023 at 4:09 AM ... WWE is being valued at $9.3 billion, a more than 33% premium to the company's market cap on Friday ...
In April 2023, Endeavor and WWE announced a merger to form TKO Group Holdings, a new public company majority-owned by Endeavor, with McMahon serving as executive chairman of the new entity, and Nick Khan becoming president of the WWE while Dana White maintaining his position as president of the UFC. The merger was completed on September 12 ...
Vince McMahon continues to cash out his stock in TKO Group Holdings, the company formed by the merger of WWE and UFC that is majority-owned by Endeavor. McMahon, the founder of WWE, resigned from ...
Shares of TKO, New Parent Company of WWE and UFC, Climb 2.4% in Stock Market Debut. ... Despite the merger, WWE and UFC will remain largely autonomous organizations. But students of sports trends ...