UFC, the mixed martial arts powerhouse, has officially tied the knot with Vince McMahon’s professional wresting juggernaut WWE, creating a new company called TKO Group that started trading on the N…
The deal was announced before market open this morning. TKO Group Holding shares are up 0.78% at $101.44 in mid-morning trade, off their highs but bucking a ho-hum market
It’s an epic moment as McMahon, who built the company his father founded into a powehouse and has been the face of WWE for decades, as well as its biggest shareholder, cedes control. Endeavor will own 51% of TKO
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