Scott Gourley's Lovechild
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It's official. Endevour, the owners of the UFC, have bought the WWE (edit: price not disclosed).
Report: https://apnews.com/article/wwe-mcma...n=TrueAnthem&utm_medium=AP&utm_source=Twitter
Press Release: https://investor.endeavorco.com/new...Sports-and-Entertainment-Company/default.aspx
For the time being, WWE will stay essentially the same. Current shareholders will own 49% of the new company, while Endevour will own 51%. Vince McMahon will remain Chairman.
Report: https://apnews.com/article/wwe-mcma...n=TrueAnthem&utm_medium=AP&utm_source=Twitter
Press Release: https://investor.endeavorco.com/new...Sports-and-Entertainment-Company/default.aspx
For the time being, WWE will stay essentially the same. Current shareholders will own 49% of the new company, while Endevour will own 51%. Vince McMahon will remain Chairman.