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Endeavor Closing In On Deal For Majority Stake In WWE, Will Combine It With UFC To Form Combat Sports Giant – The Dish

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deadline.com
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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 for a majority stake was imminent, and Deadline sources confirmed as much. But the publicly traded deal partners had no official comment.

CNBC had the first report of the transaction crossing the finish line. A formal announcement of the deal is expected as soon as Monday.

The WWE ended last week with a market value of $6.8 billion. Endeavor gained full control of UFC in 2021 by committing to raise at least $1.75 billion after teaming with investors in 2016 to buy a majority stake for $4 billion.

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