Endeavor is the majority owner of TKO Group Holdings, which will remain public as part of the deal, which is expected to close by the end of the first quarter of 2025.
Endeavor Group Holdings and World Wrestling Entertainment have signed a definitive agreement to form a new, publicly listed company consisting of UFC and WWE.
The agreement will allow Endeavor to retain 20% of the scripted side of the business, in addition to retaining the non-scripted division, as well as various documentary, film sales and financing consulting services.