Dave Meltzer reported that Vince McMahon did not get a check for WWE’s sale/merger with Endeavor and UFC.
Only his new contract. Money didn't exchange hands. It was a merger, not a purchase. https://t.co/866UJLbFYm
— Dave Meltzer (@davemeltzerWON) September 12, 2023
WWE recently posted a video clip of the official launch of TKO after UFC and WWE merged. Vince McMahon had his creepy mustache, and bizarrely did Hulk Hogan’s hand gesture.
🎥: @NYSE pic.twitter.com/DtT5Gpsv7c
— WWE (@WWE) September 12, 2023
It has been noted the merger between UFC and WWE has been completed which ended Vince McMahon’s historic era. Endeavor and WWE made the announcement that the deal has closed leading to the formation of TKO Group Holdings.
Former CEO of WWE, Vince McMahon takes the role of executive chairman of TKO Group. Under the new deal, McMahon will own 16.4% of the economic interests in TKO (and 16.4% of the voting power in the new entity.
Vince McMahon has commented on this merger’s completion. He opened up in that press release about this massive change for the company he led for decades. This was the result of a lot of work, and he is very happy to see what is next under Endeavor’s umbrella and the company’s new Board of Directors.
