LockBetting.com reported that UFC legend Daniel Cormier played a major role in WWE being sold to UFC’s parent company, Endeavor.
It was reported: “Further UFC Champion and long-time WWE fan Dan Cormier was said to be majorly influence when it came to Endeavour purchasing the WWE…”
Big #WWE story#wwesold #WrestleMania
— LockBetting.Com (@LockBettingCom) April 9, 2023
WWE has been sold to UFC’s parent company, Endeavor. In a statement, Endeavor announced a “definitive agreement” that will see WWE come under the company’s ownership in an estimated $9.3 billion deal.
The deal will see Endeavor from a new publicly listed company, consisting of both WWE and UFC. Endeavor will hold a 51% controlling interest in the new company and existing WWE shareholders will hold a 49% interest in the new company.
Ari Emanuel, CEO of Endeavor, said that the deal presents a rare opportunity in the entertainment industry.
“This is a rare opportunity to create a global live sports and entertainment pureplay built for where the industry is headed. For decades, Vince and his team have demonstrated an incredible track record of innovation and shareholder value creation, and we are confident that Endeavor can deliver significant additional value for shareholders by bringing UFC and WWE together.”
