Endeavor Group Holdings Inc , the parent of the popular UFC mixed martial arts franchise, is in talks to acquire World Wrestling Entertainment Inc (WWE) in an all-stock deal, according to people familiar with the matter.
The sources requested anonymity because the matter is confidential. Endeavor and WWE did not immediately respond to requests for comment.
Endeavor, which is the parent company of the popular UFC mixed martial arts organization, is led by Hollywood power broker Ari Emanuel, who earlier this month declined to answer questions about a possible deal. In regulatory filings, Endeavor argues that it benefits from the rising value of owning a scarce – but popular – asset like sports.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UFC owner Endeavor poised to buy Vince McMahon's WWE: reportUFC parent company Endeavor Group is close to a deal to acquire World Wrestling Entertainment, according to a report Sunday.
Read more »
WWE near deal to be sold to UFC parent Endeavor, sources sayWWE and Endeavor Group are in advanced talks for a deal that would merge Vince McMahon's wrestling and media company with UFC, sources say
Read more »
WWE close to being sold to UFC parent company EndeavorAs WWE puts on WrestleMania, its biggest show of the year, the company is on the verge of being sold.
Read more »
Endeavor Nears Deal to Acquire WWE (Report)World Wrestling Entertainment Inc. (WWE) is nearing a deal to be acquired by Endeavor Group Holdings Inc. Bloomberg was first to report on the ongoing acquisition deal. The report states that &822…
Read more »
Report: UFC parent Endeavor to purchase 51 percent stake in WWEHours before its signature event, WrestleMania 39, got underway Sunday at SoFi Stadium in Inglewood, California, a report on CNBC.com indicated that UFC parent company Endeavor was poised to purchase the WWE, the world's leading wrestling brand, in a mega-deal.
Read more »
It Was Cut Down Day At The Augusta National Women's Amateur Championship - Bahakel EntertainmentOn Thursday, the ladies teed it up for the second round of the Augusta National Women's Amateur Championship at Champions Retreat. At the end of the day, the top of the leaderboard looked like it did at the end of round one.
Read more »