Vince McMahon’s return to WWE as the Executive Chairman made it pretty obvious that he planned on selling the company to the highest bidder. After almost months of going back and forth between potential buyers, WWE was sold to UFC’s parent company Endeavor. The deal has been finalized now and it appears fans have gotten the first look at WWE and UFC’s effect on The New York Stock Exchange.
Endeavor is now the controlling owner of WWE, and it was noted that they would merge UFC and WWE into a new publicly traded company. This was truly a massive deal and would lead to significant changes that will be felt by both pro wrestling as well as the Combat sports world for a long time.
As previously reported, the new name of the publicly traded company will be TKO Group Holdings. Today, the deal has been finalized as TKO Group Holdings will trade on the New York Stock Exchange, marking the beginning of a new era for WWE and UFC.
Change is the only constant in life and WWE has fully embraced that now. We will have to wait and see whether WWE will ultimately benefit from this merger, as Vince McMahon is no longer the one in power at WWE.
What’s your opinion on WWE and UFC’s finalized deal being featured in such a way at the New York Stock Exchange? Are you excited for all the changes that will come? Let us know in the comments!