The merger between WWE and UFC into the TKO Holdings Group took effect on Tuesday as Endeavor’s acquisition of WWE was made official.
WWE President Nick Khan sent out the following e-mail to company employees today:
This morning, we announced that WWE and the UFC have officially come together to form TO Group Holdings, creating a new premium sports and entertainment company. TO will begin trading today on the New York Stock Exchange under the ticker symbol “TKO.”
A big thank you to all of you for the hard work and commitment that helped us achieve this milestone.
As we now begin this transition, we will be in touch with more details. In the interim, we will be communicating with each of you regarding new policies and procedures. HR will also be available to answer any and all questions you may have.
We know when companies undergo change it can feel like uncertain times. The special culture that WWE has cultivated over its long history is what has allowed our business to flourish and we will be preserving that as WWE and UFC both continue to grow together as part of TKO.
As always, we’ll continue to focus on the work throughout this transition and make sure to communicate with all of you throughout the process.
WWE President Nick Khan’s message to all WWE staff: pic.twitter.com/LiioTs37h4
— Brandon Thurston (@BrandonThurston) September 12, 2023