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The merger closed on September 12, 2023; [38] [33] with Vince McMahon personally owning approximately one-third of the Class A Common Stock of TKO Group Holdings, Inc. [39] The first television show produced under the TKO banner was the September 12 episode of WWE NXT. [40]
In April 2023, Endeavor and WWE announced a merger to form TKO Group Holdings, a new public company majority-owned by Endeavor, with McMahon serving as executive chairman of the new entity, and Nick Khan becoming president of the WWE while Dana White maintaining his position as president of the UFC. The merger was completed on September 12 ...
Endeavor will hold a 51% stake in "TKO", with WWE's shareholders having a 49% stake, [6] marking the first time that WWE has not been controlled by the McMahon family. [80] Vince McMahon will serve as executive chairman of the new entity, Emanuel as CEO, and Mark Shapiro as president and chief operating officer.
Vince McMahon continues to cash out his stock in TKO Group Holdings, the company formed by the merger of WWE and UFC that is majority-owned by Endeavor. McMahon, the founder of WWE, resigned from ...
The merger of the UFC and the WWE closed Tuesday, under the corporate umbrella of TKO Holdings Group. The new company is valued at $21.4 billion, with the UFC valued at $12.1 billion and the WWE ...
WWE and Endeavor announced Monday that the two public companies would combine in a deal valuing both companies at more than $21 billion. WWE is being valued at $9.3 billion, a more than 33% ...
The logo of TKO Group Holdings. The merger between WWE and UFC into TKO Group Holdings (TKO) was completed on September 12, 2023. [149] Although the company's legal name remained World Wrestling Entertainment, LLC, it remained united with UFC as part of the new entity "TKO".
McMahon, the former CEO of WWE, intends to sell 8.4 million shares of Class A common stock in TKO Group Holdings, the company formed by the merger of WWE and UFC, which was engineered by Endeavor ...