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If you’re already seeing heated debates on your social media about the epic Roman Reigns vs. Cody Rhodes wrestling match, brace yourself for even more WWE posts flooding your feed. Fresh off WrestleMania weekend, the pro wrestling powerhouse World Wrestling Entertainment (WWE) has officially announced a mind-blowing merger with MMA giant Ultimate Fighting Championship (UFC). Together, these two behemoths are set to create a new $21 billion sports entertainment company.
### Big Money Moves
UFC’s parent company, Endeavor, will snag 51 percent ownership of this new entity, while WWE shareholders will hold the remaining 49 percent. The deal values UFC at over $12 billion and WWE at more than $9 billion. The new company will go by the name “TKO” on the stock exchange. Ari Emanuel, CEO of Endeavor, will lead the charge as CEO of the new company, with Vince McMahon stepping in as the executive chairman. McMahon, who made a comeback earlier this year, will join forces with UFC president Dana White in this mega venture.
### Fans’ Fears and Hopes
With this merger shaking up the sports entertainment world, WWE fans are buzzing with concerns about potential shifts in the organization. The comparison between UFC’s hefty $79.99 PPV prices and WWE’s budget-friendly streaming service has fans wondering if changes are coming. Will Triple H, WWE’s chief content officer and mastermind behind the storylines, continue to lead the creative direction? And what surprises are in store for fans—could we see more crossovers between the worlds of pro wrestling and MMA like Brock Lesnar and Ronda Rousey?
It’s a mix of excitement and uncertainty as we eagerly await to see how this epic merger will reshape the landscape of sports entertainment. So stay tuned, folks. The best is yet to come!
