No Result
View All Result
Saturday, June 7, 2025
MM News
اردو
  • Home
  • Latest News
  • Showbiz
    Meghan Markle

    Video of Meghan Markle dancing in hospital amid pregnancy sparks controversy

    Sana Yousaf

    Sana Yousaf’s father breaks silence, shares details of murder

    Saurabh Shukla with Manoj Bajpayee

    Was Manoj Bajpayee his roommate? Saurabh Shukla reveals the truth

    Image: Gulf News

    In Pictures: Hina Khan gets married to boyfriend Rocky Jaiswal

    Love Guru is to release on Eidul Adha 2025

    Mahira Khan’s prayer request for success of ‘Love Guru’ sparks online trolling

    Mahir Khan - Khalilur Rehman Qamar

    Past issues resolved: Khalil-ur-Rehman Qamar declares Mahira Khan his favorite actress once again

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • Showbiz
    Meghan Markle

    Video of Meghan Markle dancing in hospital amid pregnancy sparks controversy

    Sana Yousaf

    Sana Yousaf’s father breaks silence, shares details of murder

    Saurabh Shukla with Manoj Bajpayee

    Was Manoj Bajpayee his roommate? Saurabh Shukla reveals the truth

    Image: Gulf News

    In Pictures: Hina Khan gets married to boyfriend Rocky Jaiswal

    Love Guru is to release on Eidul Adha 2025

    Mahira Khan’s prayer request for success of ‘Love Guru’ sparks online trolling

    Mahir Khan - Khalilur Rehman Qamar

    Past issues resolved: Khalil-ur-Rehman Qamar declares Mahira Khan his favorite actress once again

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Uncategorized

WWE merges with UFC, Vince McMahon loses majority control

MM News Staff by MM News Staff
September 14, 2023
Vince McMahon officially no longer holds majority control of WWE. Source: Wrestling Inc.

Vince McMahon officially no longer holds majority control of WWE. Source: Wrestling Inc.

Vince McMahon officially no longer holds majority control of WWE as the wrestling company completed a merger with mixed martial arts company and UFC worth $21 billion.

Endeavor officially completed its majority-stake purchase of the wrestling giant merging WWE with UFC to create a new company TKO Group Holdings.

Endeavor owns 51 percent of the newly formed company. McMahon owns 16.4 percent of TKO under the terms of the deal.

Endeavor agreed to a deal to acquire a majority stake in WWE in April. The deal placed a $9.3 billion valuation on the world’s largest professional wrestling company. As part of the deal, Endeavor agreed to spin off UFC and create a $21 billion combat sports behemoth.

McMahon has owned a controlling stake in WWE since purchasing the company from his father in 1982. The 78-year-old transformed the business, taking it from its regional base and turning it into a national phenomenon.

“The creation of TKO marks an exciting new chapter for UFC and WWE as leaders in global sports and entertainment,” Endeavor CEO Ariel Emanuel said in a statement.

“Given their continued connectivity to the Endeavor network, we are confident in our ability to accelerate their respective growth and unlock long-term sustainable value for shareholders. With UFC and WWE under one roof, we will provide unrivaled experiences for more than a billion passionate fans worldwide.”

READ MORE: Vince McMahon retires from WWE amid sex scandal

While there have been ebbs and flows, McMahon has found a way to stabilize WWE and ensure it remains atop of the sport.

The 1990s challenge from WCW provided fierce competition and AEW’s ascent over the last decade has done the same, but WWE is far and away the most valuable promotion on the planet.

McMahon is staying on as executive chairman of TKO Holdings and is expected to remain involved in WWE creative decisions. Paul Levesque, better known as Triple H, will remain WWE’s head of creative.

 

 

Tags: UFCVince McMahonWWE
ShareTweetSendShare
Previous Post

‘Sundar’: Mouni Roy praises Mahira Khan’s beauty

Next Post

Which Bollywood actor listens to Maulana Tariq Jamil’s lectures?

Related Stories

Uncategorized

200-Year-old condom goes on display in Amsterdam

June 5, 2025
File photo
Uncategorized

Karachi hit by two earthquakes once again

June 5, 2025
File photo
Uncategorized

Malir jail: 126 escaped prisoners re-arrested

June 5, 2025
Uncategorized

Mild earthquake hits Karachi’s Malir district

June 5, 2025
Uncategorized

CM Ali Amin Gandapur announces eid financial aid for jailed PTI workers

June 4, 2025
File photo
Uncategorized

Lahore launches body cameras for traffic wardens

June 4, 2025
Screen grab
Uncategorized

VIDEO: Bilawal Bhutto Zardari shares his weight loss journey

June 4, 2025
File photo
Uncategorized

Shehbaz govt to continue PTI-era Green Pakistan Project in Budget 2025-26

June 4, 2025
File photo
Uncategorized

Imran Khan says will lead protest movement from jail

June 4, 2025
File photo
Uncategorized

Sindh Prisons law changed after Malir Jail incident

June 4, 2025
Next Post

Which Bollywood actor listens to Maulana Tariq Jamil’s lectures?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

Excessive intake of meat, particularly when combined with spicy foods or improper storage, can lead to gastrointestinal illnesses
Health

Experts warn against overeating meat during Eidul Adha festivities

by MM News Staff
June 7, 2025
(Representational Image)
Crime

Five cops arrested for kidnapping citizen for ransom in Karachi

by MM News Staff
June 7, 2025
Cricket - ICC Cricket World Cup 2023 - India v South Africa - Eden Gardens, Kolkata, India - November 5, 2023 India's Virat Kohli celebrates after reaching his 49th century, equalizing with Sachin Tendulkar's record of most number of ODI centuries REUTERS/Adnan Abidi Acquire Licensing Rights
Sports

Complaint lodged against Virat Kohli for Bengaluru stampede

by MM News Staff
June 7, 2025
Business & Stock

Budget 2025-26: Govt to increase withholding tax for non-filers

by MM News Staff
June 7, 2025
(Representational Image)
Health

In historic first for KP, family of brain-dead teen donates organs to save five lives

by MM News Staff
June 7, 2025

Opinion

munir ahmed oped
The Betrayals Within: From Homes to Halls of Power
June 5, 2025
- Munir Ahmed
munir ahmed oped
AIF 2025 – A Rallying Cry for Unity in a Fractured World
May 31, 2025
- Munir Ahmed
munir-ahmed-oped-2-1140x1140
Eurasian Economic Union at 10: Looking Beyond the Decade
May 29, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

File photo
Bakra Eid 2025

Eidul Adha holidays: PDMA issues heatwave alert

by MM News Staff
June 5, 2025

Punjab Provincial Disaster Management Authority (PDMA) has issued an alert regarding temperature rise and...

representative image

Severe heatwave warning issued nationwide for Eid holidays

June 5, 2025
President Asif Ali Zardari

World Environment Day: Climate disasters displace millions in Pakistan: President

June 5, 2025
Image: ET

Weather updates for Karachi and other parts of country

June 5, 2025
See all

Prices

Solar panels installed at a Peshawar park to meet lighting needs. (Image: Dawn.com)
Business & Stock

Govt likely to impose 18% sales tax on solar panels in budget 2025-26

by MM News Staff
June 6, 2025

Pakistan is poised to introduce major changes to its taxation framework in the upcoming...

Karachi consumers get Rs2.99/unit relief, power rates hiked elsewhere

June 5, 2025
(File)

Gold price increases Rs4,300 per tola

June 5, 2025
(Representational Image)

Will govt scrap solar net metering in budget 2025-26?

June 5, 2025
See all

Transport News

Lack of adequate public transportation facilities in Karachi has made rickshaws a popular transport.
Top News

Sindh govt bans four-seat rickshaws in Karachi

by MM News Staff
June 6, 2025

The Sindh government on Friday banned four-seater rickshaws in Karachi, while a decision has...

Air Karachi granted regular public transport license

June 5, 2025
(Representational Image, Credit: ProPakistani)

How to apply for Punjab electric taxi scheme

June 4, 2025
file photo

Govt rolls back fare hike for Islamabad bus services

June 4, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.