Endeavor Group Holdings, Inc., the majority owner of TKO Group Holdings (WWE and UFC), announced that the company is returning to private ownership. Private equity firm Silver Lake will take Endeavor back to private ownership at $27.50 per share in cash. The official press release states that the transaction does not include TKO Group Holdings, which will remain a publicly traded company.
John Cena paid tribute to the late Bray Wyatt via social media earlier today, sharing a clip from the new Peacock documentary, Bray Wyatt: Becoming Immortal.
Cena tweeted, “Windham Rotunda was many things to this world. A son, father, brother, an artist. And what will forever remain with us is his passion. His art, in every creative sense, will be an eternal reminder to us of how truly incredible he was. @wwe @peacock”
Windham Rotunda was many things to this world. A son, father, brother, an artist. And what will forever remain with us is his passion. His art, in every creative sense, will be an eternal reminder to us of how truly incredible he was. @wwe @peacock pic.twitter.com/ULRAhOJtBS
— John Cena (@JohnCena) April 2, 2024
And finally, you can check out some additional highlights from last night’s episode of WWE RAW below:
Endeavor Group Holdings, Inc., the majority owner of TKO Group Holdings (WWE and UFC), has announced that the company is returning to private ownership. Private equity firm Silver Lake will take Endeavor back to private ownership at $27.50 per share in cash. This move marks a significant development for the company and its shareholders.
The decision to return to private ownership comes as Endeavor seeks to streamline its operations and focus on its core businesses. By going private, the company can have more flexibility in its decision-making processes and allocate resources more efficiently. This move is expected to enhance Endeavor’s ability to innovate and adapt to the rapidly changing media and entertainment landscape.
It is important to note that this transaction does not include TKO Group Holdings, which will remain a publicly traded company. TKO Group Holdings encompasses popular brands such as WWE (World Wrestling Entertainment) and UFC (Ultimate Fighting Championship). These brands have a massive global following and generate significant revenue through various avenues, including live events, merchandise sales, and media rights.
In addition to the news about Endeavor’s return to private ownership, professional wrestler John Cena paid tribute to the late Bray Wyatt on social media. Cena shared a clip from the new Peacock documentary, “Bray Wyatt: Becoming Immortal,” and expressed his admiration for Wyatt’s artistry and passion. This heartfelt tribute highlights the impact that Wyatt had on the wrestling industry and the lasting legacy he leaves behind.
Furthermore, fans of WWE can catch up on some highlights from the recent episode of WWE RAW. The video clips showcase various matches and moments from the show, including confrontations between Seth Rollins, Roman Reigns, and The Rock, as well as exciting tag team matches and surprise attacks. These highlights provide a glimpse into the thrilling world of professional wrestling and offer fans a chance to relive the excitement of the latest episode.
Overall, the news of Endeavor’s return to private ownership and John Cena’s tribute to Bray Wyatt demonstrate the dynamic nature of the entertainment industry. As companies adapt to changing market conditions and honor the legacies of influential figures, fans can continue to enjoy the thrilling world of professional wrestling through platforms like WWE and UFC.