The world of sports entertainment has been rocked by one of the biggest news in recent history: Vince McMahon’s World Wrestling Entertainment (WWE) has merged with the Ultimate Fighting Championship (UFC) to form a new publicly traded company controlled by Endeavor Group. This merger promises to change the way we see sports and entertainment as we know it.

The announcement came as a surprise for many. This is because WWE and UFC have been seen as competitors in the world of combat sports for years. However, with the merger, both companies are set to leverage each other’s strengths to create a powerhouse that is unmatched in the industry.

Dana White speaks about the merger

In his comments about the merger, Dana White, the President of the UFC, expressed his excitement about the new partnership. He highlighted the strengths that Vince McMahon and Ari Emanuel, the CEO of Endeavor Group, bring to the table. Dana White also sounded positive about what the UFC will bring to this partnership. He even hinted at the limitless possibilities of what the new company can achieve in the next few years.

“This company has been on fire for the last seven years and now that we will be adding WWE to the portfolio, I am excited to take this to another level. Vince is a savage in the wrestling space, Ari is a beast at what he does, and then add what we at UFC bring to the table and there is no limit to what this company can accomplish in the next few years.”

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Despite both WWE and UFC being in the business of sports entertainment, there are some small differences between the two. WWE is known for its scripted storylines and characters, while UFC is known for its real-life fighters and the unpredictability of its fights. However, with this merger, it is likely that both companies will learn from each other and merge their respective styles to create a unique product that is unparalleled in the world of sports entertainment.

More information about the merger

According to reports, Endeavour will have 51% ownership of the newly merged company. The rest 49% will rest with WWE shareholders. The merger valued WWE at around $9.3 billion and the UFC at $12.1 billion.

The board of the newly formed company will have 11 people. Six of them will be appointed by Endeavor and five will be appointed by WWE. The name of the newly merged company is not revealed yet.

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The merger between WWE and UFC promises to be a game-changer in the world of sports entertainment. It will be interesting to see how the two companies will work together to create a new and exciting product. Also, will the merged product appeal to both wrestling and fighting fans? Only time will tell.