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:Endeavor Group Holdings Inc, the parent of the popular UFC mixed martial arts franchise, said on Monday it will acquire entertainment firm World Wrestling Entertainment Inc in a deal valued at $9.3 billion.
Endeavor Group Holdings Inc, the parent of the popular UFC mixed martial arts franchise, is in talks to acquire World Wrestling Entertainment Inc (WWE) in an all-stock deal, according to people familiar with the matter.
Vince McMahon is set to re-join the board of World Wrestling Entertainment (WWE). The 77-year-old McMahon had retired over the summer following allegations of sexual misconduct. In his absence, his daughter, Stephanie McMahon, and Nick Khan, a longtime agent at Creative Artists Agency, assumed the roles of co-CEO."Today, we announce that the founder of WWE, Vince McMahon, will be returning to the Board," said Chairwoman & co-CEO Stephanie McMahon, co-CEO Nick Khan and Chief Content Officer Paul Levesque in a statement released on Friday."We also welcome back Michelle Wilson and George Barrios to our Board of Directors. Together, we look forward to exploring all strategic alternatives to maximize shareholder value."
:World Wrestling Entertainment elected former chief Vince McMahon as the executive chairman of the board on Tuesday, the company said, adding that co-chief executive officer and chairwoman Stephanie McMahon resigned from her role.
RIYADH: WWE superstars made special appearances at a WWE press conference at Mrsool Park Stadium in Riyadh on Nov. 4 ahead of their big fights at the stadium on Saturday night.
WWE shared a social media post about Tony Khan back in 2015, which is seriously surreal to think about now.
Dominik Mysterio’s heel turn on his legendary father at Clash at the Castle and subsequent joining of Judgement Day has made him into one of the most hated wrestlers in WWE.