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 said the deal represents a contribution price of about $106 per share for WWE, which is about 16% higher than the stock's Friday closing. Under the agreement, Endeavor shareholders will own 51% of the combined company, while WWE shareholders would get 49%. Shares of WWE were down 4.

https://sports.inquirer.net/503958/ufc-parent-endeavor-group-to-acquire-wwe-in-9-3-billion-deal

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