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World Wrestling Entertainment, Inc. Class A Stock News
TKO Group, a new sports and entertainment company created as a result of the union between the Ultimate Fighting Championship (UFC) and World Wrestling Entertainment Inc (NYSE:WWE) has debuted on the New York Stock Exchange under the ticker symbol “TKO.” UFC-owner Endeavor Group Holdings will hold a 51% controlling interest in the new company while existing WWE shareholders will hold a 49% inte...
UFC parent Endeavor Group and World Wrestling Entertainment said today they expect to close the planned merger of UFC and WWE on September 12. That's on the earlier end of expectations as Endeavor said in August it expected the deal to close in mid-to-late September.
BofA Securities analysts view Endeavor Group holdings Inc (EDR) as an “Entourage” of highly attractive assets that each, individually, have exposure to favorable secular tailwinds within the Media and Entertainment industry. In an update to clients, they noted that Endeavor will own 51% of the proposed merger between UFC and WWE, which will be named TKO Holdings Group, and they believe there i...
WWE said in the filing with the Securities and Exchange Commission that while government investigations into McMahon remain ongoing, no charges have been brought in them.
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