Endeavor, the parent company of the UFC, has officially finalized a deal to buy WWE and merge it with the fight promotion into TKO Group. TKO's turnover will total more than $21 billion. Endeavor will own 51% of the controlling stake of the new company, while WWE shareholders will own 49%.
It is noted that Dana White will continue to be the CEO of the UFC and Nick Khan will continue to be the president of WWE. The sale was first announced on April 3.
Recall that UFC 293 took place on September 10 in Sydney, Australia, with a middleweight title fight between Sean Strickland and Israel Adesanya in the main event. In this contest, Sean won by unanimous decision of the judges.
