Endeavor Nears Deal to Buy WWE and Merge It With UFC

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Endeavor Nears Deal to Buy WWE and Merge It With UFC
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The UFC owner is in talks to acquire the wrestling company after the January return of Vince McMahon to the sports entertainment powerhouse.

The companies are in advanced talks, and a deal may be announced this week. The WWE is holding its flagship Wrestlemania event in Los Angeles over the weekend.

The board investigation into McMahon focused on allegations that he had sexual relationships with employees at the company and subsequently paid the women millions of dollars in severance packages, along with non-disclosure agreements. The company said in November that the investigation had concluded.

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